Olaplex Holdings Inc’s recent filing unveils that its Director Gurwitch Janet acquired Company’s shares for reported $48600.0 on Jan 28 ’25. In the deal valued at $1.62 per share,30,000 shares were bought.
Then, Gurwitch Janet bought 50,000 shares, generating $81,500 in total proceeds.
Before that, Gurwitch Janet bought 440,000 shares. Olaplex Holdings Inc shares valued at $880,000 were divested by the Director at a price of $2.00 per share.
Telsey Advisory Group reiterated its Olaplex Holdings Inc [OLPX] rating to a Market perform in a research note published on August 07, 2024; the price target was $3. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in mid March from “an Underweight” to “a Neutral”. Barclays also remained covering OLPX and has increased its forecast on October 04, 2023 with a “an Equal weight” recommendation from previously “an Underweight” rating. Piper Sandler revised its rating on August 25, 2023. It rated OLPX as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of OLPX
On Tuesday, Olaplex Holdings Inc [NASDAQ:OLPX] saw its stock jump 0.66% to $1.52. Over the last five days, the stock has lost -4.40%. Olaplex Holdings Inc shares have fallen nearly -12.14% since the year began. Nevertheless, the stocks have fallen -35.32% over the past one year. While a 52-week high of $2.77 was reached on 01/06/25, a 52-week low of $1.19 was recorded on 01/14/25. SMA at 50 days reached $1.8000, while 200 days put it at $1.8575.
Levels Of Support And Resistance For OLPX Stock
The 24-hour chart illustrates a support level at 1.4833, which if violated will result in even more drops to 1.4467. On the upside, there is a resistance level at 1.5483. A further resistance level may holdings at 1.5767. The Relative Strength Index (RSI) on the 14-day chart is 37.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0393, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.07%. Stochastics %K at 26.67% indicates the stock is a holding.
How much short interest is there in Olaplex Holdings Inc?
A steep rise in short interest was recorded in Olaplex Holdings Inc stocks on 2025-01-15, growing by 2.09 million shares to a total of 12.36 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 10.27 million shares. There was a rise of 16.94%, which implies that there is a positive sentiment for the stock.
