Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Elanco Animal Health Inc shares valued at $109,000 were purchased by Kurzius Lawrence Erik on Mar 07 ’25. At $10.90 per share, Kurzius Lawrence Erik acquired 10,000 shares. The insider’s holdings grew to 101,459 shares worth approximately $1.28 million following the completion of this transaction.
Also, Kurzius Lawrence Erik purchased 10,000 shares, netting a total of over 102,000 in proceeds. Following the buying of shares at $10.20 each, the insider now holds 111,459 shares.
Before that, HOOVER R DAVID had added 25,000 shares to its account. In a trade valued at $272,558, the Director bought Elanco Animal Health Inc shares for $10.90 each. Upon closing the transaction, the insider’s holdings increased to 25,000 shares, worth approximately $2.65 million.
As published in their initiating research note from UBS on December 09, 2024, Elanco Animal Health Inc [ELAN] has been a Buy and the price target has been revised to $18. Analysts at Leerink Partners started covering the stock with ‘”a Market perform”‘ outlook in a report released in early December. As of September 19, 2024, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for ELAN. Earlier on January 05, 2024, Stifel upgraded its rating. Their new recommendation was “a Buy” for ELAN stock which previously was a “a Hold”.
Analyzing ELAN Stock Performance
During the last five days, there has been a drop of approximately -2.02%. Over the course of the year, Elanco Animal Health Inc shares have jumped approximately 4.21%. A 50-day SMA is recorded $10.36, while a 200-day SMA reached $12.29.
Support And Resistance Levels for Elanco Animal Health Inc (ELAN)
RSI (Relative Strength Index) is 65.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.93, which suggests the price will decrease in the coming days. Percent R is at 19.09%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
