Privia Health Group Inc (NASDAQ: PRVA) is -2.17% lower on its value in year-to-date trading and has touched a low of $15.92 and a high of $24.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PRVA stock was last observed hovering at around $21.16 in the last trading session, with the day’s gains setting it 1.37%.
Currently trading at $22.53, the stock is 22.01% and 22.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 6.47% at the moment leaves the stock 19.12% off its SMA200. PRVA registered -2.26% loss for a year compared to 6-month loss of 24.96%. The firm has a 50-day simple moving average (SMA 50) of $18.3652 and a 200-day simple moving average (SMA200) of $18.91415.
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The stock witnessed a 33.95% gain in the last 1 month and extending the period to 3 months gives it a 18.14%, and is 22.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.18% over the week and 3.81% over the month.
Privia Health Group Inc (PRVA) has around 1102 employees, a market worth around $2.69B and $1.72B in sales. Current P/E ratio is 220.02 and Fwd P/E is 88.40. Profit margin for the company is 0.75%. Distance from 52-week low is 41.52% and -7.47% from its 52-week high. The company has generated returns on investments over the last 12 months (2.07%).
The EPS is expected to shrink by -23.58% this year
316.0 institutions hold shares in Privia Health Group Inc (PRVA), with institutional investors hold 106.71% of the company’s shares. The shares outstanding are 118.22M, and float is at 105.88M with Short Float at 5.85%. Institutions hold 95.47% of the Float.
The top institutional shareholder in the company is FMR LLC with over 17.9 million shares valued at $311.06 million. The investor’s holdings represent 15.1026 of the PRVA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.28 million shares valued at $300.34 million to account for 14.5822 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.93 million shares representing 10.0696 and valued at over $207.4 million, while DURABLE CAPITAL PARTNERS LP holds 7.6713 of the shares totaling 9.09 million with a market value of $158.0 million.
Privia Health Group Inc (PRVA) Insider Activity
The most recent transaction is an insider sale by Mehrotra Parth, the company’s Chief Executive Officer. SEC filings show that Mehrotra Parth sold 135,142 shares of the company’s common stock on Sep 10 ’24 at a price of $18.50 per share for a total of $2.5 million. Following the sale, the insider now owns 0.25 million shares.
Still, SEC filings show that on Jun 11 ’24, Boehler Adam (Director) acquired 364 shares at an average price of $16.50 for $6006.0. The insider now directly holds 5,773,522 shares of Privia Health Group Inc (PRVA).
