El Pollo Loco Holdings Inc’s recently made public that its 10% Owner BIGLARI, SARDAR acquired Company’s shares for reported $1.34 million on Aug 20 ’24. In the deal valued at $13.42 per share,100,000 shares were bought. As a result of this transaction, BIGLARI, SARDAR now holds 321,570 shares worth roughly $4.42 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, BIGLARI, SARDAR bought 62,329 shares, generating $838,948 in total proceeds. Upon buying the shares at $13.46, the 10% Owner now owns 221,570 shares.
Before that, BIGLARI, SARDAR bought 62,362 shares. El Pollo Loco Holdings Inc shares valued at $777,654 were divested by the 10% Owner at a price of $12.47 per share. As a result of the transaction, BIGLARI, SARDAR now holds 87,362 shares, worth roughly $1.2 million.
The Benchmark Company initiated its El Pollo Loco Holdings Inc [LOCO] rating to a Hold in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. CL King began covering LOCO with “Buy” recommendation on April 20, 2020. SunTrust revised its rating on April 01, 2020. It rated LOCO as “a Buy” which previously was an “a Hold”.
Price Performance Review of LOCO
On Friday, El Pollo Loco Holdings Inc [NASDAQ:LOCO] saw its stock fall -0.87% to $13.73. Over the last five days, the stock has gained 0.96%. El Pollo Loco Holdings Inc shares have risen nearly 55.67% since the year began. Nevertheless, the stocks have risen 51.55% over the past one year. While a 52-week high of $14.25 was reached on 08/28/24, a 52-week low of $8.11 was recorded on 04/18/24. SMA at 50 days reached $12.64, while 200 days put it at $10.28.
Levels Of Support And Resistance For LOCO Stock
The 24-hour chart illustrates a support level at 13.65, which if violated will result in even more drops to 13.57. On the upside, there is a resistance level at 13.86. A further resistance level may holdings at 13.99. The Relative Strength Index (RSI) on the 14-day chart is 63.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.06%. Stochastics %K at 77.56% indicates the stock is a holding.
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 2024-08-30, dropping by -0.24 million shares to a total of 1.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 1.3 million shares. There was a decline of -22.45%, which implies that there is a negative sentiment for the stock.
