El Pollo Loco Holdings Inc. [LOCO] Investment Guide: What You Need to Know


El Pollo Loco Holdings Inc.’s filing revealed that its 10% Owner BIGLARI, SARDAR acquired Company’s shares for reported $0.2 million on Aug 17. In the deal valued at $10.08 per share,20,000 shares were bought. As a result of this transaction, BIGLARI, SARDAR now holds 120,000 shares worth roughly $ 1.15 million.

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Then, BIGLARI, SARDAR bought 54,300 shares, generating $553,860 in total proceeds. Upon buying the shares at $10.20, the 10% Owner now owns 100,000 shares.

Before that, BIGLARI, SARDAR bought 45,700 shares. El Pollo Loco Holdings Inc. shares valued at $465,226 were divested by the 10% Owner at a price of $10.18 per share. As a result of the transaction, BIGLARI, SARDAR now holds 45,700 shares, worth roughly $0.44 million.

The Benchmark Company initiated its El Pollo Loco Holdings Inc. [LOCO] rating to a Hold in a research note published on Friday.

Price Performance Review of LOCO

On Friday, El Pollo Loco Holdings Inc. [NASDAQ:LOCO] saw its stock jump 0.84% to $9.59. On the same session, the stock had its day’s lowest price of $9.50, but rose to a high of $9.63. Over the last five days, the stock has lost -0.10%. El Pollo Loco Holdings Inc. shares have fallen nearly -3.71% since the year began. Nevertheless, the stocks have risen 22.35% over the past one year. While a 52-week high of $13.00 was reached on 02/07/23, a 52-week low of $7.06 was recorded on 06/29/23. SMA at 50 days reached $9.88, while 200 days put it at $10.33. A total of 0.22 million shares were traded, compared to the trading of 0.23 million shares in the previous session.

Levels Of Support And Resistance For LOCO Stock

The 24-hour chart illustrates a support level at 9.52, which if violated will result in even more drops to 9.44. On the upside, there is a resistance level at 9.65. A further resistance level may holdings at 9.70. The Relative Strength Index (RSI) on the 14-day chart is 40.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.50%. Stochastics %K at 14.98% indicates the stock is a buying.

How much short interest is there in El Pollo Loco Holdings Inc.?

A steep rise in short interest was recorded in El Pollo Loco Holdings Inc. stocks on Aug 14, 2023, growing by 0.0 shares to a total of 1.53 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 1.53 million shares.

El Pollo Loco Holdings Inc. [LOCO] – Who Are The Largest Shareholders?

In filings from Biglari Capital LLC, it is revealed that the company now owns 4,120,000 shares, or roughly 11.44% of the outstanding LOCO shares. In other words, the investor’s shares have risen by 3,600,275 from its previous 13-F filing of 519725.0. Additionally, BlackRock Fund Advisors increased 19.45% of its stake after which the total value it holdings stand at $39,035,434, while Dimensional Fund Advisors LP added 4.82% of its stake to hold $24.84 million in the firm. Over the last quarter, The Vanguard Group, Inc. purchased 591,826 shares of El Pollo Loco Holdings Inc., while William Blair Investment Manageme bought 29,035 shares. At present, FIAM LLC is holding 1,184,685 shares valued at $12.62 million. SSgA Funds Management, Inc. owned 769,149 shares of the company at the time of its most recent 13F filing, worth $8.19 million.

According to FactSet, El Pollo Loco Holdings Inc.’s share price will average $11.33 in the next year, based on opinions of analysts polled by the firm. This is up nearly 15.67 percent from its previous closing price of $9.51. Analysts expect El Pollo Loco Holdings Inc. stock to reach the higher price of $12.00, while the lowest price estimate is $11.00. However, 5 analysts have rated LOCO stock as a Hold in their predictions for 2023.


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