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 $3.8 million.
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 $1.03 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 Tuesday, El Pollo Loco Holdings Inc [NASDAQ:LOCO] saw its stock jump 1.11% to $11.81. Over the last five days, the stock has lost -4.83%. El Pollo Loco Holdings Inc shares have risen nearly 33.90% since the year began. Nevertheless, the stocks have risen 34.05% over the past one year. While a 52-week high of $14.25 was reached on 08/28/24, a 52-week low of $8.17 was recorded on 04/18/24. SMA at 50 days reached $12.52, while 200 days put it at $11.52.
Levels Of Support And Resistance For LOCO Stock
The 24-hour chart illustrates a support level at 11.67, which if violated will result in even more drops to 11.53. On the upside, there is a resistance level at 11.88. A further resistance level may holdings at 11.95. The Relative Strength Index (RSI) on the 14-day chart is 41.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.10%. Stochastics %K at 11.52% 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 2024-11-29, growing by 19827.0 shares to a total of 1.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.12 million shares. There was a rise of 1.73%, which implies that there is a positive sentiment for the stock.
