Key Points
- Director William Rodney Pruett purchased 100,000 shares of PICS on March 23 at an average price of $11.80, a transaction worth $1.18 million, disclosed in an SEC filing.
- PICS recently reported Q EPS of $0.17, missing the consensus of $0.24, on revenue of $558.09 million.
- Wall Street coverage is largely positive—one Strong Buy, five Buy and one Hold—giving a consensus price target of $24.33 with multiple banks assigning buy/outperform ratings.
PICS (NASDAQ:PICS - Get Free Report) Director William Rodney Pruett bought 100,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were bought at an average price of $11.80 per share, for a total transaction of $1,180,000.00. Following the completion of the transaction, the director directly owned 100,000 shares of the company's stock, valued at $1,180,000. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
PICS Stock Performance
NASDAQ PICS opened at $11.04 on Wednesday. PICS has a 52 week low of $10.30 and a 52 week high of $19.95.
PICS (NASDAQ:PICS - Get Free Report) last released its earnings results on Wednesday, March 18th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.07). The company had revenue of $558.09 million for the quarter.
Wall Street Analyst Weigh In
Several analysts recently issued reports on PICS shares. Citigroup began coverage on PICS in a research report on Monday, February 23rd. They set a "buy" rating and a $28.00 target price for the company. Bank of America assumed coverage on shares of PICS in a report on Tuesday, February 24th. They issued a "buy" rating and a $27.00 target price on the stock. HSBC assumed coverage on shares of PICS in a report on Thursday, February 19th. They issued a "buy" rating and a $21.00 price target on the stock. Royal Bank Of Canada assumed coverage on PICS in a research report on Monday, February 23rd. They set an "outperform" rating and a $20.00 price objective for the company. Finally, Mizuho cut their price target on PICS from $30.00 to $23.00 and set an "outperform" rating for the company in a report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $24.33.
Check Out Our Latest Report on PICS
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