Elanco Animal Health Inc’s recently made public that its Director Kurzius Lawrence Erik acquired Company’s shares for reported $0.11 million on Mar 07 ’25. In the deal valued at $10.90 per share,10,000 shares were bought. As a result of this transaction, Kurzius Lawrence Erik now holds 101,459 shares worth roughly $1.06 million.
Then, Kurzius Lawrence Erik bought 10,000 shares, generating $102,000 in total proceeds. Upon buying the shares at $10.20, the Director now owns 111,459 shares.
Before that, HOOVER R DAVID bought 25,000 shares. Elanco Animal Health Inc shares valued at $272,558 were divested by the Director at a price of $10.90 per share. As a result of the transaction, HOOVER R DAVID now holds 210,000 shares, worth roughly $2.19 million.
UBS initiated its Elanco Animal Health Inc [ELAN] rating to a Buy in a research note published on December 09, 2024; the price target was $18. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in early December with a ‘”a Market perform”‘ rating. Morgan Stanley also remained covering ELAN and has decreased its forecast on September 19, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Stifel revised its rating on January 05, 2024. It rated ELAN as “a Buy” which previously was an “a Hold”.
Price Performance Review of ELAN
On Friday, Elanco Animal Health Inc [NYSE:ELAN] saw its stock fall -3.70% to $10.41. Over the last five days, the stock has lost -1.14%. Elanco Animal Health Inc shares have fallen nearly -14.04% since the year began. Nevertheless, the stocks have fallen -34.49% over the past one year. While a 52-week high of $18.80 was reached on 01/30/25, a 52-week low of $10.03 was recorded on 03/11/25. SMA at 50 days reached $11.25, while 200 days put it at $13.13.
Levels Of Support And Resistance For ELAN Stock
The 24-hour chart illustrates a support level at 10.17, which if violated will result in even more drops to 9.93. On the upside, there is a resistance level at 10.73. A further resistance level may holdings at 11.04. The Relative Strength Index (RSI) on the 14-day chart is 42.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.42%. Stochastics %K at 50.55% indicates the stock is a holding.
How much short interest is there in Elanco Animal Health Inc?
A steep rise in short interest was recorded in Elanco Animal Health Inc stocks on 2025-03-14, dropping by -0.57 million shares to a total of 14.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 15.23 million shares. There was a decline of -3.88%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 19, 2023 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $17 price target.
