Hilton Worldwide Holdings Inc’s recently made public that its insider NASSETTA CHRISTOPHER J unloaded Company’s shares for reported $4.26 million on Feb 09 ’24. In the deal valued at $192.83 per share,22,095 shares were sold. As a result of this transaction, NASSETTA CHRISTOPHER J now holds 2,567,871 shares worth roughly $543.31 million.
Then, NASSETTA CHRISTOPHER J sold 21,489 shares, generating $4,205,070 in total proceeds. Upon selling the shares at $195.68, the insider now owns 2,536,478 shares.
Before that, Silcock Christopher W sold 10,863 shares. Hilton Worldwide Holdings Inc shares valued at $1,809,892 were divested by the insider at a price of $166.61 per share. As a result of the transaction, Silcock Christopher W now holds 58,256 shares, worth roughly $12.33 million.
Mizuho initiated its Hilton Worldwide Holdings Inc [HLT] rating to a Buy in a research note published on March 26, 2024; the price target was $245. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in early February from “an Outperform” to “an In-line”. HSBC Securities started covering the stock on October 23, 2023. It rated HLT as “a Buy”.
Price Performance Review of HLT
On Monday, Hilton Worldwide Holdings Inc [NYSE:HLT] saw its stock fall -0.05% to $211.58. Over the last five days, the stock has lost -0.53%. Hilton Worldwide Holdings Inc shares have risen nearly 16.20% since the year began. Nevertheless, the stocks have risen 51.68% over the past one year. While a 52-week high of $215.79 was reached on 03/28/24, a 52-week low of $134.43 was recorded on 01/05/24. SMA at 50 days reached $202.81, while 200 days put it at $170.25. A total of 1.09 million shares were traded, compared to the trading of 1.16 million shares in the previous session.
Levels Of Support And Resistance For HLT Stock
The 24-hour chart illustrates a support level at 210.94, which if violated will result in even more drops to 210.31. On the upside, there is a resistance level at 212.42. A further resistance level may holdings at 213.27. The Relative Strength Index (RSI) on the 14-day chart is 58.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.22%. Stochastics %K at 51.61% indicates the stock is a holding.
How much short interest is there in Hilton Worldwide Holdings Inc?
A steep rise in short interest was recorded in Hilton Worldwide Holdings Inc stocks on Mar 15, 2024, growing by 0.48 million shares to a total of 3.3 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 2.82 million shares. There was a rise of 14.55%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.34% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.23.
