In a filing, Robert Half Inc revealed its Executive Vice President GLASS ROBERT W unloaded Company’s shares for reported $0.6 million on Mar 07 ’24. In the deal valued at $80.46 per share,7,500 shares were sold. As a result of this transaction, GLASS ROBERT W now holds 186,062 shares worth roughly $14.06 million.
Then, GLASS ROBERT W sold 15,365 shares, generating $1,251,616 in total proceeds. Upon selling the shares at $81.46, the Executive Vice President now owns 194,562 shares.
Before that, GLASS ROBERT W sold 14,751 shares. Robert Half Inc shares valued at $1,108,513 were divested by the Executive Vice President at a price of $75.15 per share. As a result of the transaction, GLASS ROBERT W now holds 209,927 shares, worth roughly $15.87 million.
UBS initiated its Robert Half Inc [RHI] rating to a Sell in a research note published on November 07, 2023; the price target was $60. A number of analysts have revised their coverage, including Redburn’s analysts, who began to cover the stock in mid June with a ‘”a Neutral”‘ rating. UBS began covering RHI with “Buy” recommendation on June 01, 2023. Exane BNP Paribas started covering the stock on January 05, 2023. It rated RHI as “an Underperform”.
Price Performance Review of RHI
On Monday, Robert Half Inc [NYSE:RHI] saw its stock jump 0.39% to $75.59. Over the last five days, the stock has lost -3.31%. Robert Half Inc shares have fallen nearly -14.02% since the year began. Nevertheless, the stocks have risen 0.73% over the past one year. While a 52-week high of $88.39 was reached on 01/02/24, a 52-week low of $64.65 was recorded on 04/04/24. SMA at 50 days reached $79.64, while 200 days put it at $78.33. A total of 0.86 million shares were traded, compared to the trading of 91907.0 shares in the previous session.
Levels Of Support And Resistance For RHI Stock
The 24-hour chart illustrates a support level at 75.23, which if violated will result in even more drops to 74.87. On the upside, there is a resistance level at 76.12. A further resistance level may holdings at 76.66. The Relative Strength Index (RSI) on the 14-day chart is 36.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.79%. Stochastics %K at 5.91% indicates the stock is a buying.
How much short interest is there in Robert Half Inc?
A steep rise in short interest was recorded in Robert Half Inc stocks on Mar 15, 2024, growing by 0.17 million shares to a total of 5.18 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 5.01 million shares. There was a rise of 3.28%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 8.16% of the overall stock float, the days-to-cover ratio (short ratio) rose to 5.22.
