In a filing, Portillos Inc revealed its Director Berkshire Partners LLC unloaded Company’s shares for reported $122.3 million on May 19 ’25. In the deal valued at $12.23 per share,10,000,000 shares were sold. As a result of this transaction, Berkshire Partners LLC now holds 0 shares worth roughly $0.0.
Then, BERKSHIRE FUND VIII-A, L.P. bought 2,709,535 shares, generating $36,172,292 in total proceeds.
Before that, BERKSHIRE FUND VIII, L.P. bought 6,521,015 shares. Portillos Inc shares valued at $87,055,550 were divested by the Director at a price of $13.35 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 Friday, Portillos Inc [NASDAQ:PTLO] saw its stock fall -3.46% to $11.44. Over the last five days, the stock has lost -1.29%. Portillos Inc shares have risen nearly 21.70% since the year began. Nevertheless, the stocks have risen 15.21% 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.
Levels Of Support And Resistance For PTLO Stock
The 24-hour chart illustrates a support level at 11.22, which if violated will result in even more drops to 11.00. On the upside, there is a resistance level at 11.77. A further resistance level may holdings at 12.10.
How much short interest is there in Portillos Inc?
A steep rise in short interest was recorded in Portillos Inc stocks on 2025-05-30, dropping by -1.42 million shares to a total of 9.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 10.42 million shares. There was a decline of -15.76%, which implies that there is a negative sentiment for the stock.
