The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Evolent Health Inc shares valued at $25,518 were purchased by Holder Diane on Mar 06 ’25. At $9.33 per share, Holder Diane acquired 2,735 shares. The insider’s holdings grew to 70,584 shares worth approximately $0.71 million following the completion of this transaction.
Also, McCarthy Daniel Joseph purchased 11,040 shares, netting a total of over 99,470 in proceeds. Following the buying of shares at $9.01 each, the insider now holds 389,004 shares.
Before that, Jelinek Richard M had added 30,000 shares to its account. In a trade valued at $273,750, the Director bought Evolent Health Inc shares for $9.12 each. Upon closing the transaction, the insider’s holdings increased to 30,000 shares, worth approximately $0.15 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 surge of approximately 6.43%. Over the course of the year, Evolent Health Inc shares have dropped approximately -10.31%. Shares of the company reached a 52-week high of $12.98 on 01/10/25 and a 52-week low of $8.35 on 03/05/25. A 50-day SMA is recorded $10.12, while a 200-day SMA reached $18.71.
Support And Resistance Levels for Evolent Health Inc (EVH)
According to the 24-hour chart, there is a support level at 9.89, which, if violated, would cause prices to drop to 9.69. In the upper region, resistance lies at 10.26. The next price resistance is at 10.44. RSI (Relative Strength Index) is 55.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.75, which suggests the price will decrease in the coming days. Percent R is at 7.69%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
