PICS (NASDAQ:PICS) Director Costa Jose Antonio Batista Buys 22,000 Shares of Stock

PICS (NASDAQ:PICS) Director Costa Jose Antonio Batista bought 22,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was bought at an average cost of $9.09 per share, for a total transaction of $199,980.00. Following the completion of the acquisition, the director owned 4,291,216 shares in the company, valued at $39,007,153.44. This trade represents a 0.52% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

PICS Trading Up 2.6%

Shares of PICS stock opened at $9.42 on Tuesday. PICS has a one year low of $8.32 and a one year high of $19.95. The business has a fifty day moving average of $11.54.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PICS. HSBC began coverage on PICS in a report on Thursday, February 19th. They issued a “buy” rating and a $21.00 target price on the stock. Royal Bank Of Canada decreased their target price on PICS from $19.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, June 3rd. Wolfe Research upgraded PICS to a “strong-buy” rating in a research note on Monday, February 23rd. Wells Fargo & Company set a $27.00 price target on PICS in a research note on Tuesday, February 24th. Finally, Bank of America initiated coverage on PICS in a research note on Tuesday, February 24th. They issued a “buy” rating and a $27.00 price target 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $23.17.