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. Encore Capital Group, Inc shares valued at $1,001,000 were purchased by CLARK JONATHAN C on Mar 05 ’25. At $35.00 per share, CLARK JONATHAN C acquired 28,600 shares. The insider’s holdings grew to 190,164 shares worth approximately $7.83 million following the completion of this transaction.
Also, Gupta Ashwini purchased 40,000 shares, netting a total of over 1,404,000 in proceeds. Following the buying of shares at $35.10 each, the insider now holds 96,909 shares.
Before that, Masih Ashish had added 20,000 shares to its account. In a trade valued at $702,800, the President and CEO bought Encore Capital Group, Inc shares for $35.14 each. Upon closing the transaction, the insider’s holdings increased to 20,000 shares, worth approximately $13.27 million.
As published in a research note from Northland Capital on October 17, 2024, Encore Capital Group, Inc [ECPG] has been rated up from a Market perform to an Outperform and the price target has been revised to $58 from $55. Analysts at Janney upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late March. As of February 14, 2023, Northland Capital has decreased its “an Outperform” rating to a “Market perform” for ECPG. Earlier on January 15, 2019, Oppenheimer upgraded its rating. Their new recommendation was “an Outperform” for ECPG stock which previously was a “a Perform”.
Analyzing ECPG Stock Performance
On last trading session, Encore Capital Group, Inc [NASDAQ: ECPG] rose 0.71% to $41.17. During the last five days, there has been a surge of approximately 4.95%. Over the course of the year, Encore Capital Group, Inc shares have dropped approximately -1.22%. Shares of the company reached a 52-week high of $51.77 on 02/19/25 and a 52-week low of $26.45 on 04/09/25.
Support And Resistance Levels for Encore Capital Group, Inc (ECPG)
According to the 24-hour chart, there is a support level at 40.93, which, if violated, would cause prices to drop to 40.68. In the upper region, resistance lies at 41.38. The next price resistance is at 41.59. RSI (Relative Strength Index) is 63.36 on the 14-day chart, showing neutral technical sentiment.
Which companies own the most shares of Encore Capital Group, Inc (ECPG)?
In terms of Encore Capital Group, Inc share price expectations, FactSet research, analysts set an average price target of 58 in the next 12 months, up nearly 41.88% from the previous closing price of $40.88. Analysts anticipate Encore Capital Group, Inc stock to reach 58 by 2025, with the lowest price target being 58. In spite of this, 2 analysts ranked Encore Capital Group, Inc stock as Buy at the end of 2025. On January 03, 2019, Buckingham Research assigned a price target of “a Buy” to the stock and initiated coverage with a $38.
