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

PICS (NASDAQ:PICS) Director William Rodney Pruett acquired 100,000 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was bought at an average price of $11.80 per share, with a total value of $1,180,000.00. Following the completion of the acquisition, the director directly owned 100,000 shares in the company, valued at approximately $1,180,000. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

PICS Price Performance

Shares of PICS opened at $11.04 on Wednesday. PICS has a 1-year low of $10.30 and a 1-year high of $19.95.

PICS (NASDAQ:PICS) last issued its quarterly earnings data on Wednesday, March 18th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.07). The business had revenue of $558.09 million for the quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Royal Bank Of Canada initiated coverage on shares of PICS in a research note on Monday, February 23rd. They issued an “outperform” rating and a $20.00 price target for the company. Wells Fargo & Company set a $27.00 price objective on shares of PICS in a report on Tuesday, February 24th. Zacks Research raised shares of PICS to a “hold” rating in a research note on Wednesday, February 25th. Bank of America initiated coverage on shares of PICS in a report on Tuesday, February 24th. They set a “buy” rating and a $27.00 target price for the company. Finally, HSBC started coverage on PICS in a research note on Thursday, February 19th. They issued a “buy” rating and a $21.00 price target on the stock. One research 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, PICS has a consensus rating of “Buy” and a consensus target price of $24.33.