Hawaiian Holdings, Inc.’s recently made public that its Exec VP & Chief Legal Officer Alter Aaron J unloaded Company’s shares for reported $11794.0 on Oct 27 ’23. In the deal valued at $3.93 per share,3,000 shares were sold. As a result of this transaction, Alter Aaron J now holds 114,698 shares worth roughly $1.51 million.
Then, Alter Aaron J sold 3,000 shares, generating $32,694 in total proceeds. Upon selling the shares at $10.90, the Exec VP & Chief Legal Officer now owns 117,698 shares.
Before that, Alter Aaron J sold 3,000 shares. Hawaiian Holdings, Inc. shares valued at $24,582 were divested by the Exec VP & Chief Legal Officer at a price of $8.19 per share. As a result of the transaction, Alter Aaron J now holds 120,698 shares, worth roughly $1.59 million.
Deutsche Bank upgraded its Hawaiian Holdings, Inc. [HA] rating to a Buy from a a Hold in a research note published on December 04, 2023; the price target was increased to $16 from $4. Deutsche Bank also remained covering HA and has decreased its forecast on April 22, 2022 with a “Hold” recommendation from previously “Buy” rating. Cowen revised its rating on January 13, 2022. It rated HA as “a Market perform” which previously was an “an Underperform”.
Price Performance Review of HA
On Tuesday, Hawaiian Holdings, Inc. [NASDAQ:HA] saw its stock fall -0.68% to $13.20. Over the last five days, the stock has lost -0.83%. Hawaiian Holdings, Inc. shares have fallen nearly -7.04% since the year began. Nevertheless, the stocks have risen 54.93% over the past one year. While a 52-week high of $14.89 was reached on 01/29/24, a 52-week low of $3.70 was recorded on 01/16/24. SMA at 50 days reached $13.81, while 200 days put it at $10.33. A total of 0.32 million shares were traded, compared to the trading of 0.52 million shares in the previous session.
Levels Of Support And Resistance For HA Stock
The 24-hour chart illustrates a support level at 13.11, which if violated will result in even more drops to 13.01. On the upside, there is a resistance level at 13.32. A further resistance level may holdings at 13.43. The Relative Strength Index (RSI) on the 14-day chart is 39.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.71%. Stochastics %K at 19.06% indicates the stock is a buying.
How much short interest is there in Hawaiian Holdings, Inc.?
A steep rise in short interest was recorded in Hawaiian Holdings, Inc. stocks on Mar 28, 2024, dropping by 50000.0 shares to a total of 6.05 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 6.1 million shares. There was a decline of -0.83%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 11.96% of the overall stock float, the days-to-cover ratio (short ratio) fell to 8.41.
