A company insider recently sold 10,000,000 shares of Portillos Inc [PTLO]. Should You Sale?

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Portillos Inc shares valued at $122,300,000 were sold by Berkshire Partners LLC on May 19 ’25. At $12.23 per share, Berkshire Partners LLC sold 10,000,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.

Also, BERKSHIRE FUND VIII-A, L.P. purchased 2,709,535 shares, netting a total of over 36,172,292 in proceeds.

Before that, BERKSHIRE FUND VIII, L.P. had added 6,521,015 shares to its account. In a trade valued at $87,055,550, the Director bought Portillos Inc shares for $13.35 each.

As published in a research note from Robert W. Baird on April 07, 2025, Portillos Inc [PTLO] has been rated down from an Outperform to a Neutral and the price target has been revised to $12. Analysts at Stifel upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of November 06, 2024, Stifel has decreased its “Buy” rating to a “Hold” for PTLO. Earlier on October 07, 2024, Stephens downgraded its rating. Their new recommendation was “an Equal-weight” for PTLO stock which previously was a “an Overweight”.

Analyzing PTLO Stock Performance

During the last five days, there has been a drop of approximately -0.91%. Over the course of the year, Portillos Inc shares have jumped approximately 27.02%. Shares of the company reached a 52-week high of $15.78 on 02/18/25 and a 52-week low of $9.06 on 01/10/25.

Support And Resistance Levels for Portillos Inc (PTLO)

According to the 24-hour chart, there is a support level at 11.71, which, if violated, would cause prices to drop to 11.48. In the upper region, resistance lies at 12.21. The next price resistance is at 12.48. RSI (Relative Strength Index) is 52.24 on the 14-day chart, showing neutral technical sentiment.

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