Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Evolent Health Inc shares valued at $93,938 were purchased by DUFFY MARY BRIDGET on Feb 25 ’25. At $10.27 per share, DUFFY MARY BRIDGET acquired 9,151 shares.
Also, McCarthy Daniel Joseph sold 23,693 shares, netting a total of over 731,790 in proceeds. Following the sale of shares at $30.89 each, the insider now holds 198,809 shares.
Before that, McCarthy Daniel Joseph had sold 10,469 shares from its account. In a trade valued at $339,008, the PRESIDENT traded Evolent Health Inc shares for $32.38 each. Upon closing the transaction, the insider’s holdings decreased to 10,469 shares, worth approximately $1.78 million.
As published in their initiating research note from Needham on January 10, 2025, Evolent Health Inc [EVH] has been a Buy and the price target has been revised to $15. Analysts at BTIG Research resumed the stock at ‘”a Buy”‘ outlook in a report released in early December. As of November 08, 2024, Stephens has decreased its “an Overweight” rating to a “an Equal-weight” for EVH. Earlier on October 11, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “an Overweight” for EVH stock.
Analyzing EVH Stock Performance
During the last five days, there has been a drop of approximately -10.17%. Over the course of the year, Evolent Health Inc shares have dropped approximately -16.00%. Shares of the company reached a 52-week high of $12.98 on 01/10/25 and a 52-week low of $9.40 on 02/26/25. A 50-day SMA is recorded $10.71, while a 200-day SMA reached $19.77. Nevertheless, trading volume fell to 2.93 million shares from 2.72 million shares the previous day.
Support And Resistance Levels for Evolent Health Inc (EVH)
According to the 24-hour chart, there is a support level at 9.08, which, if violated, would cause prices to drop to 8.71. In the upper region, resistance lies at 10.13. The next price resistance is at 10.82. RSI (Relative Strength Index) is 37.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.03, which suggests the price will decrease in the coming days. Percent R is at 96.64%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
