Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Olaplex Holdings Inc shares valued at $48,600 were purchased by Gurwitch Janet on Jan 28 ’25. At $1.62 per share, Gurwitch Janet acquired 30,000 shares.
Also, Gurwitch Janet purchased 50,000 shares, netting a total of over 81,500 in proceeds.
Before that, Gurwitch Janet had added 440,000 shares to its account. In a trade valued at $880,000, the Director bought Olaplex Holdings Inc shares for $2.00 each.
As published in a research note from Telsey Advisory Group on August 07, 2024, Olaplex Holdings Inc [OLPX] has been retained to a Market perform and the price target has been revised to $3. Analysts at Piper Sandler upgraded the stock from ‘”an Underweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid March. As of October 04, 2023, Barclays has increased its “an Underweight” rating to a “an Equal weight” for OLPX. Earlier on August 25, 2023, Piper Sandler downgraded its rating. Their new recommendation was “an Underweight” for OLPX stock which previously was a “a Neutral”.
Analyzing OLPX Stock Performance
Over the course of the year, Olaplex Holdings Inc shares have dropped approximately -8.09%. Shares of the company reached a 52-week high of $1.7950 on 01/06/25 and a 52-week low of $1.4700 on 01/14/25. A 50-day SMA is recorded $1.8126, while a 200-day SMA reached $1.8548. Nevertheless, trading volume fell to 0.59 million shares from 0.84 million shares the previous day.
Support And Resistance Levels for Olaplex Holdings Inc (OLPX)
According to the 24-hour chart, there is a support level at 1.5567, which, if violated, would cause prices to drop to 1.5233. In the upper region, resistance lies at 1.6067. The next price resistance is at 1.6233. RSI (Relative Strength Index) is 42.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0026, which suggests the price will decrease in the coming days. Percent R is at 45.45%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
