El Pollo Loco Holdings Inc’s recent filing unveils 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 $3.68 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 $1.0 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 Friday, El Pollo Loco Holdings Inc [NASDAQ:LOCO] saw its stock fall -0.17% to $11.45. Over the last five days, the stock has gained 4.38%. El Pollo Loco Holdings Inc shares have fallen nearly -0.78% since the year began. Nevertheless, the stocks have risen 30.26% over the past one year. While a 52-week high of $14.25 was reached on 01/15/25, a 52-week low of $8.17 was recorded on 01/10/25. SMA at 50 days reached $12.11, while 200 days put it at $11.71.
Levels Of Support And Resistance For LOCO Stock
The 24-hour chart illustrates a support level at 11.20, which if violated will result in even more drops to 10.94. On the upside, there is a resistance level at 11.67. A further resistance level may holdings at 11.88. The Relative Strength Index (RSI) on the 14-day chart is 43.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.05%. Stochastics %K at 67.62% indicates the stock is a holding.
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 2024-12-31, growing by 0.86 million shares to a total of 2.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.14 million shares. There was a rise of 43.0%, which implies that there is a positive sentiment for the stock.
