Host Hotels & Resorts Inc’s recent filing unveils that its President and CEO RISOLEO JAMES F unloaded Company’s shares for reported $0.59 million on Mar 21 ’24. In the deal valued at $21.04 per share,28,136 shares were sold. As a result of this transaction, RISOLEO JAMES F now holds 2,225,577 shares worth roughly $43.55 million.
Then, RISOLEO JAMES F sold 150,000 shares, generating $3,116,535 in total proceeds. Upon selling the shares at $20.78, the President and CEO now owns 2,225,577 shares.
Before that, OTTINGER JOSEPH sold 7,461 shares. Host Hotels & Resorts Inc shares valued at $154,890 were divested by the SVP & Corp. Controller at a price of $20.76 per share. As a result of the transaction, OTTINGER JOSEPH now holds 28,500 shares, worth roughly $0.56 million.
BofA Securities upgraded its Host Hotels & Resorts Inc [HST] rating to a Buy from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid December from “an Underweight” to “a Neutral”. HSBC Securities began covering HST with “Buy” recommendation on October 23, 2023. Wedbush started covering the stock on October 03, 2023. It rated HST as “an Outperform”.
Price Performance Review of HST
On Monday, Host Hotels & Resorts Inc [NASDAQ:HST] saw its stock fall -2.15% to $19.57. Over the last five days, the stock has lost -4.77%. Host Hotels & Resorts Inc shares have risen nearly 0.51% since the year began. Nevertheless, the stocks have risen 21.57% over the past one year. While a 52-week high of $21.31 was reached on 03/05/24, a 52-week low of $14.74 was recorded on 02/13/24. SMA at 50 days reached $20.31, while 200 days put it at $18.07. A total of 5.5 million shares were traded, compared to the trading of 3.6 million shares in the previous session.
Levels Of Support And Resistance For HST Stock
The 24-hour chart illustrates a support level at 19.30, which if violated will result in even more drops to 19.04. On the upside, there is a resistance level at 20.03. A further resistance level may holdings at 20.49. The Relative Strength Index (RSI) on the 14-day chart is 37.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.47%. Stochastics %K at 14.02% indicates the stock is a buying.
The most recent change occurred on September 28, 2023 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $22 price target.
