Hilton Worldwide Holdings Inc’s recently made public that its insider NASSETTA CHRISTOPHER J unloaded Company’s shares for reported $4.26 million on Feb 09 ’24. In the deal valued at $192.83 per share,22,095 shares were sold. As a result of this transaction, NASSETTA CHRISTOPHER J now holds 2,567,871 shares worth roughly $524.95 million.
Then, NASSETTA CHRISTOPHER J sold 21,489 shares, generating $4,205,070 in total proceeds. Upon selling the shares at $195.68, the insider now owns 2,536,478 shares.
Before that, Silcock Christopher W sold 10,863 shares. Hilton Worldwide Holdings Inc shares valued at $1,809,892 were divested by the insider at a price of $166.61 per share. As a result of the transaction, Silcock Christopher W now holds 58,256 shares, worth roughly $11.91 million.
Mizuho initiated its Hilton Worldwide Holdings Inc [HLT] rating to a Buy in a research note published on March 26, 2024; the price target was $245. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in early February from “an Outperform” to “an In-line”. HSBC Securities started covering the stock on October 23, 2023. It rated HLT as “a Buy”.
Price Performance Review of HLT
On Monday, Hilton Worldwide Holdings Inc [NYSE:HLT] saw its stock fall -0.33% to $204.43. Over the last five days, the stock has lost -3.38%. Hilton Worldwide Holdings Inc shares have risen nearly 12.27% since the year began. Nevertheless, the stocks have risen 43.55% over the past one year. While a 52-week high of $215.79 was reached on 03/28/24, a 52-week low of $134.43 was recorded on 01/05/24. SMA at 50 days reached $204.31, while 200 days put it at $171.95. A total of 1.2 million shares were traded, compared to the trading of 1.64 million shares in the previous session.
Levels Of Support And Resistance For HLT Stock
The 24-hour chart illustrates a support level at 202.51, which if violated will result in even more drops to 200.60. On the upside, there is a resistance level at 208.22. A further resistance level may holdings at 212.02. The Relative Strength Index (RSI) on the 14-day chart is 42.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.27%. Stochastics %K at 15.72% indicates the stock is a buying.
