Establishment Labs Holdings Inc’s recently made public that its 10% Owner JW Asset Management, LLC unloaded Company’s shares for reported $4.51 million on Dec 04 ’24. In the deal valued at $45.15 per share,100,000 shares were sold. As a result of this transaction, JW Asset Management, LLC now holds 3,092,485 shares worth roughly $ 109.41 million.
Then, Chacon Quiros Juan Jose sold 3,641 shares, generating $163,989 in total proceeds. Upon selling the shares at $45.04, the Chief Executive Officer now owns 210,735 shares.
Before that, Chacon Quiros Juan Jose sold 3,866 shares. Establishment Labs Holdings Inc shares valued at $174,012 were divested by the Chief Executive Officer at a price of $45.01 per share. As a result of the transaction, Chacon Quiros Juan Jose now holds 215,030 shares, worth roughly $7.61 million.
Citigroup downgraded its Establishment Labs Holdings Inc [ESTA] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late August with a ‘”an Overweight”‘ rating. Citigroup began covering ESTA with “Buy” recommendation on June 29, 2023.
Price Performance Review of ESTA
On Tuesday, Establishment Labs Holdings Inc [NASDAQ:ESTA] saw its stock fall -1.94% to $35.38. Over the last five days, the stock has gained 17.35%. Establishment Labs Holdings Inc shares have fallen nearly -23.20% since the year began. Nevertheless, the stocks have fallen -5.07% over the past one year. While a 52-week high of $60.12 was reached on 01/08/25, a 52-week low of $28.16 was recorded on 02/10/25. SMA at 50 days reached $38.72, while 200 days put it at $43.72.
Levels Of Support And Resistance For ESTA Stock
The 24-hour chart illustrates a support level at 34.78, which if violated will result in even more drops to 34.18. On the upside, there is a resistance level at 36.49. A further resistance level may holdings at 37.60. The Relative Strength Index (RSI) on the 14-day chart is 52.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.33%. Stochastics %K at 91.61% indicates the stock is a selling.
The most recent change occurred on October 13, 2022 when Mizuho began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.
