Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hannon Armstrong Sustainable Infrastructure capital Inc shares valued at $10,076 were purchased by Armbrister Clarence D on Nov 20 ’23. At $23.99 per share, Armbrister Clarence D acquired 420 shares. The insider’s holdings grew to 420 shares worth approximately $11104.800000000001 following the completion of this transaction.
Also, Pangburn Marc T. purchased 5,000 shares, netting a total of over 105,450 in proceeds. Following the buying of shares at $21.09 each, the insider now holds 53,291 shares.
Before that, Lipson Jeffrey had added 4,000 shares to its account. In a trade valued at $84,360, the Chief Executive Officer bought Hannon Armstrong Sustainable Infrastructure capital Inc shares for $21.09 each. Upon closing the transaction, the insider’s holdings increased to 4,000 shares, worth approximately $0.98 million.
As published in their initiating research note from Goldman on November 28, 2023, Hannon Armstrong Sustainable Infrastructure capital Inc [HASI] has been a Neutral and the price target has been revised to $26. Analysts at Mizuho started covering the stock with ‘”a Buy”‘ outlook in a report released in late November. As of October 20, 2023, Exane BNP Paribas has initiated its “an Outperform” rating for HASI. Earlier on October 17, 2023, Morgan Stanley upgraded its rating. Their new recommendation was “an Overweight” for HASI stock which previously was a “an Equal-weight”.
Analyzing HASI Stock Performance
During the last five days, there has been a drop of approximately -0.38%. Over the course of the year, Hannon Armstrong Sustainable Infrastructure capital Inc shares have dropped approximately -4.13%. Shares of the company reached a 52-week high of $28.62 on 03/28/24 and a 52-week low of $21.77 on 01/19/24. A 50-day SMA is recorded $25.60, while a 200-day SMA reached $23.77. Nevertheless, trading volume fell to 0.71 million shares from 1.01 million shares the previous day.
Support And Resistance Levels for Hannon Armstrong Sustainable Infrastructure capital Inc (HASI)
According to the 24-hour chart, there is a support level at 25.89, which, if violated, would cause prices to drop to 25.34. In the upper region, resistance lies at 26.90. The next price resistance is at 27.36. RSI (Relative Strength Index) is 49.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.17, which suggests the price will decrease in the coming days. Percent R is at 77.39%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
Is Hannon Armstrong Sustainable Infrastructure capital Inc subject to short interest?
Stocks of Hannon Armstrong Sustainable Infrastructure capital Inc saw a sharp rise in short interest on Mar 15, 2024 jumping by 0.0 shares to 14.84 million. Data from Yahoo Finance shows that the short interest on Feb 15, 2024 was 14.84 million shares.
