Leerink Partners Upgrades Elanco Animal Health Inc (ELAN) to an Outperform from a Market perform

Elanco Animal Health Inc’s recently made public that its Director Kurzius Lawrence Erik acquired Company’s shares for reported $0.11 million on Mar 07 ’25. In the deal valued at $10.90 per share,10,000 shares were bought. As a result of this transaction, Kurzius Lawrence Erik now holds 101,459 shares worth roughly $1.5 million.

Then, Kurzius Lawrence Erik bought 10,000 shares, generating $102,000 in total proceeds. Upon buying the shares at $10.20, the Director now owns 111,459 shares.

Before that, HOOVER R DAVID bought 25,000 shares. Elanco Animal Health Inc shares valued at $272,558 were divested by the Director at a price of $10.90 per share. As a result of the transaction, HOOVER R DAVID now holds 210,000 shares, worth roughly $3.1 million.

Leerink Partners upgraded its Elanco Animal Health Inc [ELAN] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who increased its forecast for the stock in late June from “a Mkt perform” to “an Outperform”. UBS began covering ELAN with “Buy” recommendation on December 09, 2024. Leerink Partners started covering the stock on December 02, 2024. It rated ELAN as “a Market perform”.

Price Performance Review of ELAN

On Friday, Elanco Animal Health Inc [NYSE:ELAN] saw its stock fall -1.20% to $14.78. Over the last five days, the stock has lost -0.81%. Elanco Animal Health Inc shares have risen nearly 11.55% since the year began. Nevertheless, the stocks have risen 22.05% over the past one year. While a 52-week high of $15.78 was reached on 07/18/25, a 52-week low of $8.02 was recorded on 04/17/25.

Levels Of Support And Resistance For ELAN Stock

The 24-hour chart illustrates a support level at 14.65, which if violated will result in even more drops to 14.51. On the upside, there is a resistance level at 15.04. A further resistance level may holdings at 15.29.

How much short interest is there in Elanco Animal Health Inc?

A steep rise in short interest was recorded in Elanco Animal Health Inc stocks on 2025-06-13, dropping by -3.15 million shares to a total of 24.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 27.43 million shares. There was a decline of -12.97%, which implies that there is a negative sentiment for the stock.

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