Douglas Elliman Inc’s recent filing unveils that its insider LORBER HOWARD M unloaded Company’s shares for reported $1.82 million on Nov 18 ’24. In the deal valued at $1.68 per share,1,081,414 shares were sold. As a result of this transaction, LORBER HOWARD M now holds 1,358,499 shares worth roughly $2.31 million.
Then, Liebowitz Michael bought 1,081,414 shares, generating $1,816,776 in total proceeds. Upon buying the shares at $1.68, the insider now owns 1,478,382 shares.
Before that, ZEITCHICK MARK bought 40,000 shares. Douglas Elliman Inc shares valued at $47,196 were divested by the Director at a price of $1.18 per share. As a result of the transaction, ZEITCHICK MARK now holds 297,310 shares, worth roughly $0.51 million.
BTIG Research initiated its Douglas Elliman Inc [DOUG] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating.
Price Performance Review of DOUG
On Friday, Douglas Elliman Inc [NYSE:DOUG] saw its stock jump 4.29% to $1.70. Over the last five days, the stock has gained 6.92%. Douglas Elliman Inc shares have risen nearly 1.80% since the year began. Nevertheless, the stocks have fallen -40.56% over the past one year. While a 52-week high of $2.98 was reached on 01/02/25, a 52-week low of $1.00 was recorded on 01/02/25. SMA at 50 days reached $2.0160, while 200 days put it at $1.6342.
Levels Of Support And Resistance For DOUG Stock
The 24-hour chart illustrates a support level at 1.6400, which if violated will result in even more drops to 1.5800. On the upside, there is a resistance level at 1.7300. A further resistance level may holdings at 1.7600. The Relative Strength Index (RSI) on the 14-day chart is 42.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0269, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.16%. Stochastics %K at 28.80% indicates the stock is a holding.
How much short interest is there in Douglas Elliman Inc?
A steep rise in short interest was recorded in Douglas Elliman Inc stocks on 2024-12-13, dropping by -0.35 million shares to a total of 0.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.09 million shares. There was a decline of -48.01%, which implies that there is a negative sentiment for the stock.
