Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ethan Allen Interiors, Inc shares valued at $287,700 were sold by KATHWARI M FAROOQ on Nov 18 ’24. At $28.77 per share, KATHWARI M FAROOQ sold 10,000 shares. The insider’s holdings dropped to 1,671,905 shares worth approximately $51.41 million following the completion of this transaction.
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
Also, KATHWARI M FAROOQ sold 700 shares, netting a total of over 20,139 in proceeds. Following the sale of shares at $28.77 each, the insider now holds 23,950 shares.
Before that, KATHWARI M FAROOQ had sold 10,000 shares from its account. In a trade valued at $308,700, the Chairman, President & CEO traded Ethan Allen Interiors, Inc shares for $30.87 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $52.24 million.
Analyzing ETD Stock Performance
During the last five days, there has been a surge of approximately 6.14%. Over the course of the year, Ethan Allen Interiors, Inc shares have dropped approximately -2.35%. Shares of the company reached a 52-week high of $35.62 on 08/01/24 and a 52-week low of $26.53 on 07/09/24. A 50-day SMA is recorded $30.03, while a 200-day SMA reached $30.30. Nevertheless, trading volume fell to 0.11 million shares from 0.22 million shares the previous day.
Support And Resistance Levels for Ethan Allen Interiors, Inc (ETD)
According to the 24-hour chart, there is a support level at 30.57, which, if violated, would cause prices to drop to 30.39. In the upper region, resistance lies at 30.99. The next price resistance is at 31.22. RSI (Relative Strength Index) is 60.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.26, which suggests the price will increase in the coming days. Percent R is at 26.40%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
