Premier Inc (NASDAQ: PINC) is 9.06% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PINC stock was last observed hovering at around $22.94 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $23.12, the stock is 14.77% and 20.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.41 million and changing 0.78% at the moment leaves the stock 13.72% off its SMA200. PINC registered 12.62% gain for a year compared to 6-month loss of 14.00%.
The stock witnessed a 20.67% gain in the last 1 month and extending the period to 3 months gives it a 20.35%, and is 13.61% 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 3.20% over the week and 2.84% over the month.
Premier Inc (PINC) has around 2900 employees, a market worth around $2.11B and $1.10B in sales. Current P/E ratio is 40.50 and Fwd P/E is 16.22. Profit margin for the company is 5.68%. Distance from 52-week low is 34.22% and -1.87% from its 52-week high. The company has generated returns on investments over the last 12 months (2.93%).
The EPS is expected to shrink by -43.19% this year
The shares outstanding are 91.31M, and float is at 89.89M with Short Float at 16.15%.
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 5.6764 of the shares totaling 5.95 million with a market value of $111.1 million.
Premier Inc (PINC) Insider Activity
The most recent transaction is an insider sale by Klatsky David L, the company’s General Counsel. SEC filings show that Klatsky David L sold 10,982 shares of the company’s common stock on May 06 ’25 at a price of $22.74 per share for a total of $0.25 million. Following the sale, the insider now owns 76093.0 shares.
Still, SEC filings show that on May 06 ’25, McKasson Craig S. (Former Officer) Proposed Sale 15,000 shares at an average price of $22.75 for $0.34 million. The insider now directly holds shares of Premier Inc (PINC).
