Premier Inc (NASDAQ: PINC) is -7.69% lower on its value in year-to-date trading and has touched a low of $17.23 and a high of $23.56 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 PINC stock was last observed hovering at around $19.32 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $19.57, the stock is 1.31% and 4.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 1.29% at the moment leaves the stock -3.26% off its SMA200. PINC registered -5.87% loss for a year compared to 6-month loss of -2.10%. The firm has a 50-day simple moving average (SMA 50) of $18.6986 and a 200-day simple moving average (SMA200) of $20.22975.
The stock witnessed a 5.50% gain in the last 1 month and extending the period to 3 months gives it a -11.41%, and is 0.20% 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 1.94% over the week and 2.63% over the month.
Premier Inc (PINC) has around 2900 employees, a market worth around $1.79B and $1.18B in sales. Fwd P/E is 14.36. Profit margin for the company is -0.40%. Distance from 52-week low is 13.61% and -16.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.20%).
with sales reaching $242.07M over the same period.The EPS is expected to shrink by -45.55% this year, but quarterly earnings will post -26.74% year-over-year. Quarterly sales are estimated to shrink -29.34% in year-over-year returns.
Premier Inc (PINC) Top Institutional Holders
378.0 institutions hold shares in Premier Inc (PINC), with institutional investors hold 87.36% of the company’s shares. The shares outstanding are 91.68M, and float is at 89.89M with Short Float at 16.85%. Institutions hold 86.43% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.15 million shares valued at $264.18 million. The investor’s holdings represent 13.4968% of the PINC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.26 million shares valued at $228.89 million to account for 11.694 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 6.31 million shares representing 6.0198% and valued at over $117.83 million, while DIMENSIONAL FUND ADVISORS LP holds 5.3538 of the shares totaling 5.95 million with a market value of $111.1 million.
Premier Inc (PINC) Insider Activity
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Premier Inc disclosed in a document filed with the SEC on Apr 02 ’25 that Klatsky David L (General Counsel) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Apr 02 ’25 and was made at $19.53 per share for $0.2 million. Following the transaction, the insider now directly holds 90597.0 shares of the PINC stock.
Still, SEC filings show that on Apr 02 ’25, Klatsky David L (Officer) Proposed Sale 10,000 shares at an average price of $19.53 for $0.2 million. The insider now directly holds shares of Premier Inc (PINC).
