Establishment Labs Holdings Inc’s recent filing unveils that its 10% Owner JW Asset Management, LLC unloaded Company’s shares for reported $4.51 million on Dec 04 ’24. In the deal valued at $45.15 per share,100,000 shares were sold. As a result of this transaction, JW Asset Management, LLC now holds 3,092,485 shares worth roughly $96.79 million.
Then, Chacon Quiros Juan Jose sold 3,641 shares, generating $163,989 in total proceeds. Upon selling the shares at $45.04, the Chief Executive Officer now owns 210,735 shares.
Before that, Chacon Quiros Juan Jose sold 3,866 shares. Establishment Labs Holdings Inc shares valued at $174,012 were divested by the Chief Executive Officer at a price of $45.01 per share. As a result of the transaction, Chacon Quiros Juan Jose now holds 215,030 shares, worth roughly $6.73 million.
Citigroup downgraded its Establishment Labs Holdings Inc [ESTA] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late August with a ‘”an Overweight”‘ rating. Citigroup began covering ESTA with “Buy” recommendation on June 29, 2023.
Price Performance Review of ESTA
On Monday, Establishment Labs Holdings Inc [NASDAQ:ESTA] saw its stock fall -3.10% to $31.30. Over the last five days, the stock has lost -23.29%. Establishment Labs Holdings Inc shares have fallen nearly -32.06% since the year began. Nevertheless, the stocks have fallen -40.61% over the past one year. While a 52-week high of $60.12 was reached on 01/08/25, a 52-week low of $28.16 was recorded on 02/10/25. SMA at 50 days reached $36.57, while 200 days put it at $41.47.
Levels Of Support And Resistance For ESTA Stock
The 24-hour chart illustrates a support level at 29.08, which if violated will result in even more drops to 26.85. On the upside, there is a resistance level at 34.23. A further resistance level may holdings at 37.15. The Relative Strength Index (RSI) on the 14-day chart is 34.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.99%. Stochastics %K at 8.29% indicates the stock is a buying.
How much short interest is there in Establishment Labs Holdings Inc?
A steep rise in short interest was recorded in Establishment Labs Holdings Inc stocks on 2025-03-14, growing by 0.65 million shares to a total of 5.69 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.04 million shares. There was a rise of 11.36%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 13, 2022 when Mizuho began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.
