Olaplex Holdings Inc’s recently made public that its Director Gurwitch Janet acquired Company’s shares for reported $0.88 million on Dec 16 ’24. In the deal valued at $2.00 per share,440,000 shares were bought.
Then, Baldwin Amanda sold 382,555 shares, generating $803,366 in total proceeds. Upon selling the shares at $2.10, the Chief Executive Officer now owns 2,822,500 shares.
Before that, BILBREY JOHN P bought 51,697 shares. Olaplex Holdings Inc shares valued at $90,470 were divested by the Director at a price of $1.75 per share. As a result of the transaction, BILBREY JOHN P now holds 318,418 shares, worth roughly $0.51 million.
Telsey Advisory Group reiterated its Olaplex Holdings Inc [OLPX] rating to a Market perform in a research note published on August 07, 2024; the price target was $3. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in mid March from “an Underweight” to “a Neutral”. Barclays also remained covering OLPX and has increased its forecast on October 04, 2023 with a “an Equal weight” recommendation from previously “an Underweight” rating. Piper Sandler revised its rating on August 25, 2023. It rated OLPX as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of OLPX
On Tuesday, Olaplex Holdings Inc [NASDAQ:OLPX] saw its stock fall -3.01% to $1.61. Over the last five days, the stock has lost -6.94%. Olaplex Holdings Inc shares have fallen nearly -6.94% since the year began. Nevertheless, the stocks have fallen -24.06% over the past one year. While a 52-week high of $2.77 was reached on 01/06/25, a 52-week low of $1.19 was recorded on 01/07/25. SMA at 50 days reached $1.8950, while 200 days put it at $1.8656.
Levels Of Support And Resistance For OLPX Stock
The 24-hour chart illustrates a support level at 1.5683, which if violated will result in even more drops to 1.5267. On the upside, there is a resistance level at 1.6833. A further resistance level may holdings at 1.7567. The Relative Strength Index (RSI) on the 14-day chart is 29.04, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1281, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.96%. Stochastics %K at 3.95% indicates the stock is a buying.
How much short interest is there in Olaplex Holdings Inc?
A steep rise in short interest was recorded in Olaplex Holdings Inc stocks on 2024-12-13, growing by 0.19 million shares to a total of 10.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.08 million shares. There was a rise of 1.8%, which implies that there is a positive sentiment for the stock.
