Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ethan Allen Interiors, Inc shares valued at $286,700 were sold by KATHWARI M FAROOQ on Jan 17 ’25. At $28.67 per share, KATHWARI M FAROOQ sold 10,000 shares. The insider’s holdings dropped to 1,651,905 shares worth approximately $52.4 million following the completion of this transaction.
Also, KATHWARI M FAROOQ sold 700 shares, netting a total of over 20,069 in proceeds. Following the sale of shares at $28.67 each, the insider now holds 23,600 shares.
Before that, KATHWARI M FAROOQ had sold 10,000 shares from its account. In a trade valued at $299,100, the Chairman, President & CEO traded Ethan Allen Interiors, Inc shares for $29.91 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $52.72 million.
As published in a research note from Argus on January 13, 2025, Ethan Allen Interiors, Inc [ETD] has been rated down from a Buy to a Hold.
Analyzing ETD Stock Performance
During the last five days, there has been a surge of approximately 10.25%. Over the course of the year, Ethan Allen Interiors, Inc shares have jumped approximately 12.84%. Shares of the company reached a 52-week high of $32.61 on 01/30/25 and a 52-week low of $26.90 on 01/08/25. A 50-day SMA is recorded $29.19, while a 200-day SMA reached $29.56. Nevertheless, trading volume fell to 1.27 million shares from 0.14 million shares the previous day.
Support And Resistance Levels for Ethan Allen Interiors, Inc (ETD)
According to the 24-hour chart, there is a support level at 29.15, which, if violated, would cause prices to drop to 26.58. In the upper region, resistance lies at 33.45. The next price resistance is at 35.18. RSI (Relative Strength Index) is 72.61 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.93, which suggests the price will decrease in the coming days. Percent R is at 16.15%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
