Portillos Inc’s recent filing unveils that its Director Hartung Jack acquired Company’s shares for reported $0.93 million on Mar 13 ’25. In the deal valued at $12.82 per share,72,500 shares were bought. As a result of this transaction, Hartung Jack now holds 72,500 shares worth roughly $0.89 million.
Then, Scarpino Nicholas Anthony sold 96,722 shares, generating $1,136,099 in total proceeds. Upon selling the shares at $11.75, the Chief Marketing Officer now owns 28,450 shares.
Before that, Scarpino Nicholas Anthony bought 96,722 shares. Portillos Inc shares valued at $1,135,931 were divested by the Officer at a price of $11.74 per share.
Stifel upgraded its Portillos Inc [PTLO] rating to a Buy from a a Hold in a research note published on January 27, 2025; the price target was increased to $16 from $13. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. Stephens also remained covering PTLO and has decreased its forecast on October 07, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating.
Price Performance Review of PTLO
On Friday, Portillos Inc [NASDAQ:PTLO] saw its stock fall -1.20% to $12.32. Over the last five days, the stock has lost -11.56%. Portillos Inc shares have risen nearly 31.06% since the year began. Nevertheless, the stocks have fallen -8.74% over the past one year. While a 52-week high of $15.78 was reached on 02/18/25, a 52-week low of $8.38 was recorded on 01/10/25. SMA at 50 days reached $13.07, while 200 days put it at $11.60.
Levels Of Support And Resistance For PTLO Stock
The 24-hour chart illustrates a support level at 12.05, which if violated will result in even more drops to 11.78. On the upside, there is a resistance level at 12.64. A further resistance level may holdings at 12.96. The Relative Strength Index (RSI) on the 14-day chart is 35.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.13%. Stochastics %K at 3.20% indicates the stock is a buying.
How much short interest is there in Portillos Inc?
A steep rise in short interest was recorded in Portillos Inc stocks on 2025-02-28, growing by 0.7 million shares to a total of 9.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.48 million shares. There was a rise of 7.58%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 10, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $20 price target.
