Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Portillos Inc shares valued at $929,450 were purchased by Hartung Jack on Mar 13 ’25. At $12.82 per share, Hartung Jack acquired 72,500 shares. The insider’s holdings grew to 72,500 shares worth approximately $0.9 million following the completion of this transaction.
Also, Scarpino Nicholas Anthony sold 96,722 shares, netting a total of over 1,136,099 in proceeds. Following the sale of shares at $11.75 each, the insider now holds 28,450 shares.
Before that, Scarpino Nicholas Anthony had added 96,722 shares to its account. In a trade valued at $1,135,931, the Officer bought Portillos Inc shares for $11.74 each.
As published in a research note from Stifel on January 27, 2025, Portillos Inc [PTLO] has been rated up from a Hold to a Buy and the price target has been revised to $16 from $13. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early November. As of October 07, 2024, Stephens has decreased its “an Overweight” rating to a “an Equal-weight” for PTLO.
Analyzing PTLO Stock Performance
During the last five days, there has been a drop of approximately -6.52%. Over the course of the year, Portillos Inc shares have jumped approximately 32.77%. Shares of the company reached a 52-week high of $15.78 on 02/18/25 and a 52-week low of $9.06 on 01/10/25. A 50-day SMA is recorded $13.27, while a 200-day SMA reached $11.64.
Support And Resistance Levels for Portillos Inc (PTLO)
According to the 24-hour chart, there is a support level at 12.21, which, if violated, would cause prices to drop to 11.95. In the upper region, resistance lies at 12.74. The next price resistance is at 13.01. RSI (Relative Strength Index) is 41.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.68, which suggests the price will decrease in the coming days. Percent R is at 83.97%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
