Hillenbrand Inc’s recent filing unveils that its Sr. VP, GC & Secretary FARRELL NICHOLAS R unloaded Company’s shares for reported $0.4 million on Mar 15 ’24. In the deal valued at $47.02 per share,8,542 shares were sold. As a result of this transaction, FARRELL NICHOLAS R now holds 41,951 shares worth roughly $1.97 million.
Then, VanHimbergen Robert M bought 11,319 shares, generating $511,947 in total proceeds. Upon buying the shares at $45.23, the Sr. VP, CFO now owns 34,559 shares.
Before that, RYAN KIMBERLY K bought 5,600 shares. Hillenbrand Inc shares valued at $251,664 were divested by the President & CEO at a price of $44.94 per share. As a result of the transaction, RYAN KIMBERLY K now holds 133,604 shares, worth roughly $6.28 million.
CL King initiated its Hillenbrand Inc [HI] rating to a Strong buy in a research note published on December 19, 2023; the price target was $61. A number of analysts have revised their coverage, including Barrington Research’s analysts, who began to cover the stock in mid October with a ‘”an Outperform”‘ rating. DA Davidson also remained covering HI and has increased its forecast on July 15, 2019 with a “Buy” recommendation from previously “Neutral” rating. DA Davidson started covering the stock on May 21, 2019. It rated HI as “a Neutral”.
Price Performance Review of HI
On Tuesday, Hillenbrand Inc [NYSE:HI] saw its stock fall -0.66% to $47.00. Over the last five days, the stock has lost -5.51%. Hillenbrand Inc shares have fallen nearly -1.78% since the year began. Nevertheless, the stocks have risen 2.22% over the past one year. While a 52-week high of $53.76 was reached on 04/01/24, a 52-week low of $37.19 was recorded on 01/17/24. SMA at 50 days reached $47.68, while 200 days put it at $45.33. A total of 0.27 million shares were traded, compared to the trading of 0.24 million shares in the previous session.
Levels Of Support And Resistance For HI Stock
The 24-hour chart illustrates a support level at 46.48, which if violated will result in even more drops to 45.96. On the upside, there is a resistance level at 47.43. A further resistance level may holdings at 47.86. The Relative Strength Index (RSI) on the 14-day chart is 43.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.42%. Stochastics %K at 12.97% indicates the stock is a buying.
The most recent change occurred on May 16, 2019 when Buckingham Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $53 price target.
