Hamilton Insurance Group Ltd.’s recently made public that its Director Gauthier John J acquired Company’s shares for reported $0.15 million on Dec 11 ’23. In the deal valued at $15.41 per share,10,000 shares were bought. As a result of this transaction, Gauthier John J now holds 10,000 shares worth roughly $0.13 million.
Then, Freda William C sold 5,099 shares, generating $76,485 in total proceeds. Upon selling the shares at $15.00, the Director now owns 214,994 shares.
Before that, Bernhard Keith Donald sold 2,610 shares. Hamilton Insurance Group Ltd. shares valued at $39,150 were divested by the Group Chief Audit Officer at a price of $15.00 per share. As a result of the transaction, Bernhard Keith Donald now holds 67,134 shares, worth roughly $0.87 million.
JMP Securities initiated its Hamilton Insurance Group Ltd. [HG] rating to a Mkt outperform in a research note published on December 05, 2023; the price target was $21. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. BMO Capital Markets began covering HG with “an Outperform” recommendation on December 05, 2023.
Price Performance Review of HG
On Tuesday, Hamilton Insurance Group Ltd. [NYSE:HG] saw its stock fall -0.61% to $12.97. Over the last five days, the stock has lost -2.11%. Hamilton Insurance Group Ltd. shares have fallen nearly -13.24% since the year began.
Levels Of Support And Resistance For HG Stock
The 24-hour chart illustrates a support level at 12.84, which if violated will result in even more drops to 12.70. On the upside, there is a resistance level at 13.12. A further resistance level may holdings at 13.26. The Relative Strength Index (RSI) on the 14-day chart is 39.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.75%. Stochastics %K at 25.05% indicates the stock is a holding.
How much short interest is there in Hamilton Insurance Group Ltd.?
A steep rise in short interest was recorded in Hamilton Insurance Group Ltd. stocks on Mar 28, 2024, growing by 0.39 million shares to a total of 0.41 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 21790.0 shares. There was a rise of 94.69%, which implies that there is a positive sentiment for the stock.
