Huntington Bancshares, Inc.’s recent filing unveils that its Director CRANE ANN B unloaded Company’s shares for reported $0.79 million on Mar 08 ’24. In the deal valued at $13.54 per share,58,000 shares were sold. As a result of this transaction, CRANE ANN B now holds 192,247 shares worth roughly $2.55 million.
Then, Tutkovics Julie C sold 15,541 shares, generating $197,060 in total proceeds. Upon selling the shares at $12.68, the Senior Exec. V.P. now owns 303,455 shares.
Before that, Houston Helga sold 28,700 shares. Huntington Bancshares, Inc. shares valued at $378,005 were divested by the Senior Exec. V. P. at a price of $13.17 per share. As a result of the transaction, Houston Helga now holds 568,222 shares, worth roughly $7.53 million.
Jefferies upgraded its Huntington Bancshares, Inc. [HBAN] rating to a Buy from a a Hold in a research note published on April 08, 2024; the price target was increased to $16 from $14. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. DA Davidson also remained covering HBAN and has increased its forecast on February 27, 2024 with a “Buy” recommendation from previously “Neutral” rating. UBS revised its rating on February 14, 2024. It rated HBAN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of HBAN
On Monday, Huntington Bancshares, Inc. [NASDAQ:HBAN] saw its stock fall -0.38% to $13.26. Over the last five days, the stock has lost -5.35%. Huntington Bancshares, Inc. shares have risen nearly 4.25% since the year began. Nevertheless, the stocks have risen 17.03% over the past one year. While a 52-week high of $14.07 was reached on 04/09/24, a 52-week low of $9.13 was recorded on 01/18/24. SMA at 50 days reached $13.17, while 200 days put it at $11.78. A total of 14.87 million shares were traded, compared to the trading of 12.96 million shares in the previous session.
Levels Of Support And Resistance For HBAN Stock
The 24-hour chart illustrates a support level at 13.07, which if violated will result in even more drops to 12.87. On the upside, there is a resistance level at 13.53. A further resistance level may holdings at 13.81. The Relative Strength Index (RSI) on the 14-day chart is 45.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.57%. Stochastics %K at 16.34% indicates the stock is a buying.
