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Taking a look at what insiders are doing to gauge the Enhabit Inc (EHAB)’s direction

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Enhabit Inc shares valued at $9,404 were sold by McQuiddy Collin on Mar 10 ’25. At $8.58 per share, McQuiddy Collin sold 1,096 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.

Also, Bolton Jeffrey purchased 4,000 shares, netting a total of over 34,760 in proceeds. Following the buying of shares at $8.69 each, the insider now holds 98,144 shares.

Before that, MCGUIGAN STUART M had added 15,000 shares to its account. In a trade valued at $132,150, the Director bought Enhabit Inc shares for $8.81 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $0.36 million.

As published in a research note from Jefferies on December 09, 2024, Enhabit Inc [EHAB] has been rated up from a Hold to a Buy and the price target has been revised to $9.50 from $8.25. Analysts at Leerink Partners upgraded the stock from ‘”an Underperform”‘ to ‘”a Market perform”‘ outlook in a report released in mid May. As of May 09, 2024, Jefferies has decreased its “Buy” rating to a “Hold” for EHAB. Earlier on March 07, 2024, UBS upgraded its rating. Their new recommendation was “a Neutral” for EHAB stock which previously was a “a Sell”.

Analyzing EHAB Stock Performance

During the last five days, there has been a drop of approximately -2.91%. Over the course of the year, Enhabit Inc shares have dropped approximately -1.66%. Shares of the company reached a 52-week high of $9.48 on 03/18/25 and a 52-week low of $6.89 on 03/06/25. A 50-day SMA is recorded $8.44, while a 200-day SMA reached $8.21.

Support And Resistance Levels for Enhabit Inc (EHAB)

According to the 24-hour chart, there is a support level at 7.57, which, if violated, would cause prices to drop to 7.46. In the upper region, resistance lies at 7.77. The next price resistance is at 7.86. RSI (Relative Strength Index) is 34.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.37, which suggests the price will decrease in the coming days. Percent R is at 90.58%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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