Hain Celestial Group Inc’s filing revealed that its President and CEO Davidson Wendy P acquired Company’s shares for reported $47294.0 on Feb 13 ’24. In the deal valued at $9.46 per share,5,000 shares were bought. As a result of this transaction, Davidson Wendy P now holds 58,309 shares worth roughly $0.35 million.
Then, ZIER DAWN M. bought 5,000 shares, generating $56,250 in total proceeds. Upon buying the shares at $11.25, the Director now owns 68,755 shares.
Before that, Taylor Carlyn R. bought 18,175 shares. Hain Celestial Group Inc shares valued at $199,925 were divested by the Director at a price of $11.00 per share. As a result of the transaction, Taylor Carlyn R. now holds 53,957 shares, worth roughly $0.33 million.
DA Davidson initiated its Hain Celestial Group Inc [HAIN] rating to a Neutral in a research note published on March 01, 2024; the price target was $10. A number of analysts have revised their coverage, including Maxim Group’s analysts, who remained covering the stock and in early February has reiterated a ‘”a Buy”‘ rating for it. Stephens began covering HAIN with “an Overweight” recommendation on June 23, 2023. Piper Sandler revised its rating on May 10, 2023. It rated HAIN as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of HAIN
On Friday, Hain Celestial Group Inc [NASDAQ:HAIN] saw its stock fall -2.09% to $6.08. Over the last five days, the stock has lost -6.17%. Hain Celestial Group Inc shares have fallen nearly -44.47% since the year began. Nevertheless, the stocks have fallen -65.98% over the past one year. While a 52-week high of $18.33 was reached on 02/07/24, a 52-week low of $6.10 was recorded on 04/12/24. SMA at 50 days reached $8.81, while 200 days put it at $10.57. A total of 1.02 million shares were traded, compared to the trading of 1.47 million shares in the previous session.
Levels Of Support And Resistance For HAIN Stock
The 24-hour chart illustrates a support level at 6.01, which if violated will result in even more drops to 5.95. On the upside, there is a resistance level at 6.20. A further resistance level may holdings at 6.33. The Relative Strength Index (RSI) on the 14-day chart is 19.18, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.54%. Stochastics %K at 2.20% indicates the stock is a buying.
