Ethan Allen Interiors, Inc’s recently made public that its Chairman, President & CEO KATHWARI M FAROOQ unloaded Company’s shares for reported $0.29 million on Jan 17 ’25. In the deal valued at $28.67 per share,10,000 shares were sold. As a result of this transaction, KATHWARI M FAROOQ now holds 1,651,905 shares worth roughly $47.36 million.
Then, KATHWARI M FAROOQ sold 700 shares, generating $20,069 in total proceeds. Upon selling the shares at $28.67, the Chairman, President & CEO now owns 23,600 shares.
Before that, KATHWARI M FAROOQ sold 10,000 shares. Ethan Allen Interiors, Inc shares valued at $299,100 were divested by the Chairman, President & CEO at a price of $29.91 per share. As a result of the transaction, KATHWARI M FAROOQ now holds 1,661,905 shares, worth roughly $47.65 million.
Argus downgraded its Ethan Allen Interiors, Inc [ETD] rating to a Hold from a a Buy in a research note published recently.
Price Performance Review of ETD
On Friday, Ethan Allen Interiors, Inc [NYSE:ETD] saw its stock fall -0.28% to $28.67. Over the last five days, the stock has gained 2.94%. Ethan Allen Interiors, Inc shares have risen nearly 1.99% since the year began. Nevertheless, the stocks have risen 0.98% over the past one year. While a 52-week high of $35.14 was reached on 01/15/25, a 52-week low of $26.17 was recorded on 01/08/25. SMA at 50 days reached $29.16, while 200 days put it at $29.70.
Levels Of Support And Resistance For ETD Stock
The 24-hour chart illustrates a support level at 28.48, which if violated will result in even more drops to 28.28. On the upside, there is a resistance level at 28.93. A further resistance level may holdings at 29.18. The Relative Strength Index (RSI) on the 14-day chart is 50.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.98%. Stochastics %K at 82.29% indicates the stock is a selling.
How much short interest is there in Ethan Allen Interiors, Inc?
A steep rise in short interest was recorded in Ethan Allen Interiors, Inc stocks on 2024-12-31, dropping by 43478.0 shares to a total of 2.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.55 million shares. There was a decline of -1.74%, which implies that there is a negative sentiment for the stock.
