In a filing, Healthequity Inc revealed its Director Dilsaver Evelyn S unloaded Company’s shares for reported $2.58 million on Mar 26 ’24. In the deal valued at $79.29 per share,32,500 shares were sold. As a result of this transaction, Dilsaver Evelyn S now holds 32,123 shares worth roughly $2.55 million.
Then, Kessler Jon sold 33,765 shares, generating $2,694,731 in total proceeds. Upon selling the shares at $79.81, the PRESIDENT AND CEO now owns 126,635 shares.
Before that, Ladd Delano sold 2,558 shares. Healthequity Inc shares valued at $211,265 were divested by the EVP, GC & CORPORATE SECRETARY at a price of $82.59 per share. As a result of the transaction, Ladd Delano now holds 47,438 shares, worth roughly $3.77 million.
JMP Securities initiated its Healthequity Inc [HQY] rating to a Mkt outperform in a research note published on April 04, 2024; the price target was $101. A number of analysts have revised their coverage, including JP Morgan’s analysts, who remained covering the stock and in early April has reiterated a ‘”an Overweight”‘ rating for it. Barclays began covering HQY with “an Overweight” recommendation on January 03, 2024. Robert W. Baird revised its rating on September 21, 2023. It rated HQY as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of HQY
On Friday, Healthequity Inc [NASDAQ:HQY] saw its stock jump 1.07% to $79.39. Over the last five days, the stock has lost -2.74%. Healthequity Inc shares have risen nearly 19.74% since the year began. Nevertheless, the stocks have risen 42.02% over the past one year. While a 52-week high of $84.49 was reached on 03/20/24, a 52-week low of $48.86 was recorded on 01/02/24. SMA at 50 days reached $80.33, while 200 days put it at $71.41. A total of 0.62 million shares were traded, compared to the trading of 0.89 million shares in the previous session.
Levels Of Support And Resistance For HQY Stock
The 24-hour chart illustrates a support level at 78.52, which if violated will result in even more drops to 77.64. On the upside, there is a resistance level at 80.15. A further resistance level may holdings at 80.90. The Relative Strength Index (RSI) on the 14-day chart is 45.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.66%. Stochastics %K at 13.42% indicates the stock is a buying.
How much short interest is there in Healthequity Inc?
A steep rise in short interest was recorded in Healthequity Inc stocks on Mar 15, 2024, growing by 0.14 million shares to a total of 3.04 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 2.9 million shares. There was a rise of 4.61%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 4.10% of the overall stock float, the days-to-cover ratio (short ratio) rose to 5.91.
