In a filing, Hamilton Insurance Group Ltd. revealed 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.
Wells Fargo upgraded its Hamilton Insurance Group Ltd. [HG] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in early December with a ‘”a Mkt outperform”‘ rating. Citigroup began covering HG with “Buy” recommendation on December 05, 2023. BMO Capital Markets started covering the stock on December 05, 2023. It rated HG as “an Outperform”.
Price Performance Review of HG
On Friday, Hamilton Insurance Group Ltd. [NYSE:HG] saw its stock jump 1.09% to $12.98. Over the last five days, the stock has lost -1.44%. Hamilton Insurance Group Ltd. shares have fallen nearly -13.18% since the year began.
Levels Of Support And Resistance For HG Stock
The 24-hour chart illustrates a support level at 12.73, which if violated will result in even more drops to 12.47. On the upside, there is a resistance level at 13.31. A further resistance level may holdings at 13.63. The Relative Strength Index (RSI) on the 14-day chart is 43.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.38%. Stochastics %K at 21.43% indicates the stock is a holding.
