William Rodney Pruett Acquires 100,000 Shares of PICS (NASDAQ:PICS) Stock

PICS (NASDAQ:PICS) Director William Rodney Pruett acquired 100,000 shares of PICS stock in a transaction on Monday, March 23rd. The stock was purchased at an average price of $11.80 per share, with a total value of $1,180,000.00. Following the purchase, the director owned 100,000 shares of the company’s stock, valued at $1,180,000. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

PICS Price Performance

Shares of PICS opened at $11.30 on Thursday. PICS has a 12-month low of $10.30 and a 12-month high of $19.95.

PICS (NASDAQ:PICS) last released its quarterly earnings results on Wednesday, March 18th. The company reported $0.17 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.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on PICS shares. Wall Street Zen cut shares of PICS from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. Royal Bank Of Canada began coverage on PICS in a report on Monday, February 23rd. They set an “outperform” rating and a $20.00 price target on the stock. Zacks Research upgraded PICS to a “hold” rating in a research report on Wednesday, February 25th. Wells Fargo & Company set a $27.00 price objective on PICS in a research note on Tuesday, February 24th. Finally, Bank of America assumed coverage on PICS in a research note on Tuesday, February 24th. They set a “buy” rating and a $27.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, PICS has an average rating of “Buy” and a consensus target price of $24.33.