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. Encore Capital Group, Inc shares valued at $1,001,000 were purchased by CLARK JONATHAN C on Mar 05 ’25. At $35.00 per share, CLARK JONATHAN C acquired 28,600 shares. The insider’s holdings grew to 190,164 shares worth approximately $5.78 million following the completion of this transaction.
Also, Gupta Ashwini purchased 40,000 shares, netting a total of over 1,404,000 in proceeds. Following the buying of shares at $35.10 each, the insider now holds 96,909 shares.
Before that, Masih Ashish had added 20,000 shares to its account. In a trade valued at $702,800, the President and CEO bought Encore Capital Group, Inc shares for $35.14 each. Upon closing the transaction, the insider’s holdings increased to 20,000 shares, worth approximately $9.8 million.
As published in a research note from Northland Capital on October 17, 2024, Encore Capital Group, Inc [ECPG] has been rated up from a Market perform to an Outperform and the price target has been revised to $58 from $55. Analysts at Janney upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late March. As of February 14, 2023, Northland Capital has decreased its “an Outperform” rating to a “Market perform” for ECPG. Earlier on January 15, 2019, Oppenheimer upgraded its rating. Their new recommendation was “an Outperform” for ECPG stock which previously was a “a Perform”.
Analyzing ECPG Stock Performance
During the last five days, there has been a surge of approximately 3.37%. Over the course of the year, Encore Capital Group, Inc shares have dropped approximately -36.34%. Shares of the company reached a 52-week high of $51.77 on 02/19/25 and a 52-week low of $26.45 on 04/09/25. A 50-day SMA is recorded $38.08, while a 200-day SMA reached $45.25.
Support And Resistance Levels for Encore Capital Group, Inc (ECPG)
According to the 24-hour chart, there is a support level at 29.65, which, if violated, would cause prices to drop to 28.89. In the upper region, resistance lies at 30.90. The next price resistance is at 31.39. RSI (Relative Strength Index) is 40.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.24, which suggests the price will decrease in the coming days. Percent R is at 58.23%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
