Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Evolus Inc shares valued at $24,438 were sold by Avelar Rui on Dec 23 ’24. At $10.85 per share, Avelar Rui sold 2,252 shares. The insider’s holdings dropped to 366,595 shares worth approximately $5.18 million following the completion of this transaction.
Also, Beaver Sandra sold 1,586 shares, netting a total of over 17,211 in proceeds. Following the sale of shares at $10.85 each, the insider now holds 146,916 shares.
Before that, MOATAZEDI DAVID had sold 10,502 shares from its account. In a trade valued at $113,967, the insider traded Evolus Inc shares for $10.85 each. Upon closing the transaction, the insider’s holdings decreased to 10,502 shares, worth approximately $7.39 million.
As published in a research note from Barclays on January 29, 2024, Evolus Inc [EOLS] has been rated up from an Equal weight to an Overweight and the price target has been revised to $16 from $10. Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in late June. As of May 12, 2022, Barclays has increased its “an Underweight” rating to a “an Equal weight” for EOLS. Earlier on January 20, 2022, Truist upgraded its rating. Their new recommendation was “a Buy” for EOLS stock which previously was a “a Hold”.
Analyzing EOLS Stock Performance
During the last five days, there has been a surge of approximately 49.21%. Over the course of the year, Evolus Inc shares have jumped approximately 27.99%. Shares of the company reached a 52-week high of $14.49 on 01/21/25 and a 52-week low of $9.25 on 01/14/25. A 50-day SMA is recorded $11.89, while a 200-day SMA reached $13.29. Nevertheless, trading volume fell to 1.34 million shares from 2.94 million shares the previous day.
Support And Resistance Levels for Evolus Inc (EOLS)
According to the 24-hour chart, there is a support level at 13.71, which, if violated, would cause prices to drop to 13.30. In the upper region, resistance lies at 14.48. The next price resistance is at 14.83. RSI (Relative Strength Index) is 70.23 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.73, which suggests the price will increase in the coming days. Percent R is at 6.87%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
