PICS (NASDAQ:PICS) Director Costa Jose Antonio Batista Acquires 22,000 Shares

PICS (NASDAQ:PICSGet Free Report) Director Costa Jose Antonio Batista purchased 22,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were acquired at an average price of $9.09 per share, with a total value of $199,980.00. Following the purchase, the director owned 4,291,216 shares of the company’s stock, valued at approximately $39,007,153.44. This trade represents a 0.52% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

PICS Stock Up 1.7%

PICS traded up $0.15 during midday trading on Monday, reaching $9.33. 135,630 shares of the company’s stock were exchanged, compared to its average volume of 631,146. PICS has a one year low of $8.32 and a one year high of $19.95. The company’s 50-day moving average is $11.58.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Wolfe Research upgraded shares of PICS to a “strong-buy” rating in a research note on Monday, February 23rd. Wall Street Zen upgraded shares of PICS from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. HSBC started coverage on shares of PICS in a research note on Thursday, February 19th. They issued a “buy” rating and a $21.00 target price for the company. Citigroup started coverage on shares of PICS in a research note on Monday, February 23rd. They issued a “buy” rating and a $28.00 target price for the company. Finally, Bank of America started coverage on shares of PICS in a research note on Tuesday, February 24th. They issued a “buy” rating and a $27.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.17.

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