PICS (NASDAQ:PICS) Director Buys $227,500.00 in Stock

PICS (NASDAQ:PICS) Director William Rodney Pruett bought 25,000 shares of PICS stock in a transaction dated Friday, June 5th. The stock was acquired at an average price of $9.10 per share, for a total transaction of $227,500.00. Following the completion of the acquisition, the director owned 25,000 shares in the company, valued at approximately $227,500. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

William Rodney Pruett also recently made the following trade(s):

• On Monday, March 23rd, William Rodney Pruett purchased 100,000 shares of PICS stock. The stock was acquired at an average cost of $11.80 per share, with a total value of $1,180,000.00.

PICS Price Performance

PICS opened at $9.18 on Monday. The stock has a 50-day moving average of $11.58. PICS has a 12 month low of $8.32 and a 12 month high of $19.95.

Analyst Upgrades and Downgrades

Several research analysts have 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. Weiss Ratings downgraded PICS from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 20th. Zacks Research raised PICS to a “hold” rating in a research note on Wednesday, February 25th. HSBC assumed coverage on PICS in a research report on Thursday, February 19th. They issued a “buy” rating and a $21.00 price objective on the stock. Finally, Mizuho set a $18.00 price target on shares of PICS in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $23.17.