Heritage Insurance Holdings Inc.’s filing revealed that its Director Pappas Nicholas George unloaded Company’s shares for reported $10870.0 on Mar 26 ’24. In the deal valued at $10.87 per share,1,000 shares were sold. As a result of this transaction, Pappas Nicholas George now holds 81,400 shares worth roughly $0.76 million.
Then, WHITING PAUL L bought 20,000 shares, generating $162,800 in total proceeds. Upon buying the shares at $8.14, the Director now owns 20,000 shares.
Before that, Pappas Nicholas George sold 1,100 shares. Heritage Insurance Holdings Inc. shares valued at $8,734 were divested by the Director at a price of $7.94 per share. As a result of the transaction, Pappas Nicholas George now holds 82,400 shares, worth roughly $0.77 million.
JMP Securities downgraded its Heritage Insurance Holdings Inc. [HRTG] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid February from “an Overweight” to “a Neutral”. Piper Sandler also remained covering HRTG and has increased its forecast on April 06, 2020 with a “an Overweight” recommendation from previously “Neutral” rating. Keefe Bruyette revised its rating on November 05, 2019. It rated HRTG as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of HRTG
On Tuesday, Heritage Insurance Holdings Inc. [NYSE:HRTG] saw its stock fall -0.64% to $9.38. Over the last five days, the stock has lost -9.11%. Heritage Insurance Holdings Inc. shares have risen nearly 43.87% since the year began. Nevertheless, the stocks have risen 216.89% over the past one year. While a 52-week high of $11.23 was reached on 04/01/24, a 52-week low of $2.95 was recorded on 02/08/24. SMA at 50 days reached $8.19, while 200 days put it at $6.49. A total of 0.31 million shares were traded, compared to the trading of 0.42 million shares in the previous session.
Levels Of Support And Resistance For HRTG Stock
The 24-hour chart illustrates a support level at 9.22, which if violated will result in even more drops to 9.06. On the upside, there is a resistance level at 9.51. A further resistance level may holdings at 9.64. The Relative Strength Index (RSI) on the 14-day chart is 48.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.69%. Stochastics %K at 4.90% indicates the stock is a buying.
