In a filing, Horace Mann Educators Corp. revealed its SVP & Controller JOHNSON KIMBERLY A unloaded Company’s shares for reported $0.18 million on Mar 26 ’24. In the deal valued at $36.00 per share,5,000 shares were sold. As a result of this transaction, JOHNSON KIMBERLY A now holds 21,674 shares worth roughly $0.75 million.
Then, Carley Donald M sold 5,000 shares, generating $175,528 in total proceeds. Upon selling the shares at $35.11, the General Counsel now owns 29,627 shares.
Before that, Fetter Victor bought 3,700 shares. Horace Mann Educators Corp. shares valued at $133,011 were divested by the Director at a price of $35.95 per share. As a result of the transaction, Fetter Victor now holds 7,200 shares, worth roughly $0.25 million.
Keefe Bruyette upgraded its Horace Mann Educators Corp. [HMN] rating to an Outperform from a a Mkt perform in a research note published on January 29, 2024; the price target was increased to $40 from $33. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “a Neutral”. Piper Sandler also remained covering HMN and has increased its forecast on August 19, 2022 with a “an Overweight” recommendation from previously “Neutral” rating. Raymond James started covering the stock on February 19, 2021. It rated HMN as “a Mkt perform”.
Price Performance Review of HMN
On Tuesday, Horace Mann Educators Corp. [NYSE:HMN] saw its stock jump 1.20% to $34.52. Over the last five days, the stock has lost -2.15%. Horace Mann Educators Corp. shares have risen nearly 5.57% since the year began. Nevertheless, the stocks have risen 5.70% over the past one year. While a 52-week high of $38.29 was reached on 02/12/24, a 52-week low of $27.81 was recorded on 01/10/24. SMA at 50 days reached $35.90, while 200 days put it at $32.34. A total of 0.22 million shares were traded, compared to the trading of 0.16 million shares in the previous session.
Levels Of Support And Resistance For HMN Stock
The 24-hour chart illustrates a support level at 34.09, which if violated will result in even more drops to 33.66. On the upside, there is a resistance level at 34.75. A further resistance level may holdings at 34.98. The Relative Strength Index (RSI) on the 14-day chart is 38.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.38%. Stochastics %K at 9.65% indicates the stock is a buying.
