In a filing, Portillos Inc revealed its Director Hartung Jack acquired Company’s shares for reported $0.93 million on Mar 13 ’25. In the deal valued at $12.82 per share,72,500 shares were bought. As a result of this transaction, Hartung Jack now holds 72,500 shares worth roughly $0.84 million.
Then, Scarpino Nicholas Anthony sold 96,722 shares, generating $1,136,099 in total proceeds. Upon selling the shares at $11.75, the Chief Marketing Officer now owns 28,450 shares.
Before that, Scarpino Nicholas Anthony bought 96,722 shares. Portillos Inc shares valued at $1,135,931 were divested by the Officer at a price of $11.74 per share.
Robert W. Baird downgraded its Portillos Inc [PTLO] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Stifel also remained covering PTLO and has decreased its forecast on November 06, 2024 with a “Hold” recommendation from previously “Buy” rating. Stephens revised its rating on October 07, 2024. It rated PTLO as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of PTLO
On Thursday, Portillos Inc [NASDAQ:PTLO] saw its stock fall -2.62% to $11.53. Over the last five days, the stock has gained 0.35%. Portillos Inc shares have risen nearly 22.66% since the year began. Nevertheless, the stocks have fallen -10.83% over the past one year. While a 52-week high of $15.78 was reached on 02/18/25, a 52-week low of $8.38 was recorded on 01/10/25. SMA at 50 days reached $13.11, while 200 days put it at $11.84.
Levels Of Support And Resistance For PTLO Stock
The 24-hour chart illustrates a support level at 11.28, which if violated will result in even more drops to 11.02. On the upside, there is a resistance level at 11.89. A further resistance level may holdings at 12.25. The Relative Strength Index (RSI) on the 14-day chart is 43.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.26%. Stochastics %K at 68.90% indicates the stock is a holding.
How much short interest is there in Portillos Inc?
A steep rise in short interest was recorded in Portillos Inc stocks on 2025-03-31, growing by 1.88 million shares to a total of 11.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.18 million shares. There was a rise of 17.02%, which implies that there is a positive sentiment for the stock.
