Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Douglas Elliman Inc shares valued at $1,816,776 were sold by LORBER HOWARD M on Nov 18 ’24. At $1.68 per share, LORBER HOWARD M sold 1,081,414 shares. The insider’s holdings dropped to 1,358,499 shares worth approximately $3.4 million following the completion of this transaction.
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Also, Liebowitz Michael purchased 1,081,414 shares, netting a total of over 1,816,776 in proceeds. Following the buying of shares at $1.68 each, the insider now holds 1,478,382 shares.
Before that, ZEITCHICK MARK had added 40,000 shares to its account. In a trade valued at $47,196, the Director bought Douglas Elliman Inc shares for $1.18 each. Upon closing the transaction, the insider’s holdings increased to 40,000 shares, worth approximately $0.74 million.
As published in their initiating research note from BTIG Research on July 18, 2023, Douglas Elliman Inc [DOUG] has been a Neutral. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in late February.
Analyzing DOUG Stock Performance
During the last five days, there has been a surge of approximately 35.87%. Over the course of the year, Douglas Elliman Inc shares have dropped approximately -15.25%. Shares of the company reached a 52-week high of $3.02 on 01/02/24 and a 52-week low of $1.00 on 06/04/24. A 50-day SMA is recorded $1.84, while a 200-day SMA reached $1.61. Nevertheless, trading volume fell to 1.23 million shares from 1.36 million shares the previous day.
Support And Resistance Levels for Douglas Elliman Inc (DOUG)
According to the 24-hour chart, there is a support level at 2.36, which, if violated, would cause prices to drop to 2.23. In the upper region, resistance lies at 2.60. The next price resistance is at 2.71. RSI (Relative Strength Index) is 73.95 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.35, which suggests the price will decrease in the coming days. Percent R is at 8.64%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
