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Leslies Inc (LESL) rating downgrades by BofA Securities

Leslies Inc’s recently made public that its Director Daniel Yolanda acquired Company’s shares for reported $18540.0 on Sep 06 ’24. In the deal valued at $3.09 per share,6,000 shares were bought. As a result of this transaction, Daniel Yolanda now holds 32,015 shares worth roughly $18248.55.

Then, Estep Jonathan S bought 17,200 shares, generating $49,880 in total proceeds. Upon buying the shares at $2.90, the Director now owns 24,680 shares.

Before that, Naylor Maile bought 8,300 shares. Leslies Inc shares valued at $24,900 were divested by the Director at a price of $3.00 per share. As a result of the transaction, Naylor Maile now holds 8,300 shares, worth roughly $4731.0.

BofA Securities downgraded its Leslies Inc [LESL] rating to an Underperform from a a Buy in a research note published on February 18, 2025; the price target was decreased to $1.40 from $2.65. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late November has reiterated a ‘”a Market perform”‘ rating for it. Telsey Advisory Group also remained covering LESL and reiterated its “Market perform” recommendation on July 18, 2024. Stifel revised its rating on July 18, 2024. It rated LESL as “a Sell” which previously was an “a Hold”.

Price Performance Review of LESL

On Monday, Leslies Inc [NASDAQ:LESL] saw its stock fall -0.55% to $0.57. Over the last five days, the stock has lost -3.56%. Leslies Inc shares have fallen nearly -74.27% since the year began. Nevertheless, the stocks have fallen -86.66% over the past one year. While a 52-week high of $6.02 was reached on 01/17/25, a 52-week low of $0.51 was recorded on 04/15/25. SMA at 50 days reached $0.9687, while 200 days put it at $2.2998.

Levels Of Support And Resistance For LESL Stock

The 24-hour chart illustrates a support level at 0.5459, which if violated will result in even more drops to 0.5180. On the upside, there is a resistance level at 0.5908. A further resistance level may holdings at 0.6078. The Relative Strength Index (RSI) on the 14-day chart is 33.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0401, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.80%. Stochastics %K at 21.79% indicates the stock is a holding.

How much short interest is there in Leslies Inc?

A steep rise in short interest was recorded in Leslies Inc stocks on 2025-03-31, dropping by -7.72 million shares to a total of 16.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 23.77 million shares. There was a decline of -48.07%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on March 19, 2024 when Mizuho began covering the stock and recommended ‘”a Neutral”‘ rating along with a $7 price target.

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