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Potential Price Increase for Esco Technologies, Inc (ESE) After Recent Insider Activity

Esco Technologies, Inc’s recent filing unveils that its Director Valdez Gloria L unloaded Company’s shares for reported $0.35 million on Nov 22 ’24. In the deal valued at $148.60 per share,2,349 shares were sold. As a result of this transaction, Valdez Gloria L now holds 0 shares worth roughly $0.0.

Then, Valdez Gloria L bought 2,349 shares, generating $349,050 in total proceeds.

Before that, KHILNANI VINOD M sold 60 shares. Esco Technologies, Inc shares valued at $7,278 were divested by the Director at a price of $121.30 per share. As a result of the transaction, KHILNANI VINOD M now holds 25,887 shares, worth roughly $3.47 million.

The Benchmark Company initiated its Esco Technologies, Inc [ESE] rating to a Buy in a research note published on October 21, 2024; the price target was $150. A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Sidoti also remained covering ESE and has increased its forecast on September 28, 2021 with a “Buy” recommendation from previously “Neutral” rating.

Price Performance Review of ESE

On Friday, Esco Technologies, Inc [NYSE:ESE] saw its stock jump 0.15% to $134.06. Over the last five days, the stock has gained 3.99%. Esco Technologies, Inc shares have risen nearly 0.64% since the year began. Nevertheless, the stocks have risen 34.07% over the past one year. While a 52-week high of $154.00 was reached on 01/17/25, a 52-week low of $96.69 was recorded on 01/10/25. SMA at 50 days reached $139.75, while 200 days put it at $120.64.

Levels Of Support And Resistance For ESE Stock

The 24-hour chart illustrates a support level at 132.73, which if violated will result in even more drops to 131.41. On the upside, there is a resistance level at 135.88. A further resistance level may holdings at 137.71. The Relative Strength Index (RSI) on the 14-day chart is 47.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.91%. Stochastics %K at 59.66% indicates the stock is a holding.

How much short interest is there in Esco Technologies, Inc?

A steep rise in short interest was recorded in Esco Technologies, Inc stocks on 2024-10-31, dropping by 15838.0 shares to a total of 0.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.28 million shares. There was a decline of -6.02%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on July 09, 2019 when Stephens began covering the stock and recommended ‘”an Equal-weight”‘ rating .

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