Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Olo Inc shares valued at $67,708 were sold by Glass Noah H. on Mar 07 ’25. At $6.35 per share, Glass Noah H. sold 10,665 shares. The insider’s holdings dropped to 288,354 shares worth approximately $1.79 million following the completion of this transaction.
Also, Manning Sherri sold 5,940 shares, netting a total of over 37,722 in proceeds. Following the sale of shares at $6.35 each, the insider now holds 303,583 shares.
Before that, Benevides Peter J. had sold 21,904 shares from its account. In a trade valued at $139,049, the Chief Financial Officer traded Olo Inc shares for $6.35 each. Upon closing the transaction, the insider’s holdings decreased to 21,904 shares, worth approximately $4.51 million.
As published in a research note from Piper Sandler on January 08, 2025, Olo Inc [OLO] has been rated down from an Overweight to a Neutral and the price target has been revised to $8. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of November 07, 2023, William Blair has decreased its “an Outperform” rating to a “Mkt perform” for OLO. Earlier on July 20, 2023, Piper Sandler upgraded its rating. Their new recommendation was “an Overweight” for OLO stock which previously was a “a Neutral”.
Analyzing OLO Stock Performance
During the last five days, there has been a surge of approximately 3.15%. Over the course of the year, Olo Inc shares have dropped approximately -19.01%. Shares of the company reached a 52-week high of $8.35 on 01/06/25 and a 52-week low of $5.51 on 04/07/25. A 50-day SMA is recorded $6.40, while a 200-day SMA reached $6.08.
Support And Resistance Levels for Olo Inc (OLO)
According to the 24-hour chart, there is a support level at 6.08, which, if violated, would cause prices to drop to 5.95. In the upper region, resistance lies at 6.29. The next price resistance is at 6.37. RSI (Relative Strength Index) is 51.35 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.04, which suggests the price will decrease in the coming days. Percent R is at 24.98%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
