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A company insider recently bought 10,000 shares of Olaplex Holdings Inc [OLPX]. Should You Buy?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Olaplex Holdings Inc shares valued at $13,400 were purchased by Egan Kenneth F on Mar 14 ’25. At $1.34 per share, Egan Kenneth F acquired 10,000 shares. The insider’s holdings grew to 10,000 shares worth approximately $12300.0 following the completion of this transaction.

Also, FOX TRISHA L sold 26,526 shares, netting a total of over 38,197 in proceeds. Following the sale of shares at $1.44 each, the insider now holds 461,548 shares.

Before that, Duffy John C had sold 35,013 shares from its account. In a trade valued at $50,419, the General Counsel traded Olaplex Holdings Inc shares for $1.44 each. Upon closing the transaction, the insider’s holdings decreased to 35,013 shares, worth approximately $0.43 million.

As published in a research note from Telsey Advisory Group on August 07, 2024, Olaplex Holdings Inc [OLPX] has been retained to a Market perform and the price target has been revised to $3. Analysts at Piper Sandler upgraded the stock from ‘”an Underweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid March. As of October 04, 2023, Barclays has increased its “an Underweight” rating to a “an Equal weight” for OLPX. Earlier on August 25, 2023, Piper Sandler downgraded its rating. Their new recommendation was “an Underweight” for OLPX stock which previously was a “a Neutral”.

Analyzing OLPX Stock Performance

During the last five days, there has been a surge of approximately 5.58%. Over the course of the year, Olaplex Holdings Inc shares have dropped approximately -28.90%. Shares of the company reached a 52-week high of $1.7950 on 01/06/25 and a 52-week low of $1.0100 on 04/07/25. A 50-day SMA is recorded $1.3943, while a 200-day SMA reached $1.8086.

Support And Resistance Levels for Olaplex Holdings Inc (OLPX)

According to the 24-hour chart, there is a support level at 1.1933, which, if violated, would cause prices to drop to 1.1567. In the upper region, resistance lies at 1.2683. The next price resistance is at 1.3067. RSI (Relative Strength Index) is 45.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0585, which suggests the price will decrease in the coming days. Percent R is at 37.14%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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