Herc Holdings Inc’s filing revealed that its SVP&Chief Information Officer Peres Tamir unloaded Company’s shares for reported $0.56 million on Mar 15 ’24. In the deal valued at $159.10 per share,3,545 shares were sold. As a result of this transaction, Peres Tamir now holds 41,236 shares worth roughly $6.52 million.
Then, Cunningham Christian J sold 2,597 shares, generating $429,362 in total proceeds. Upon selling the shares at $165.33, the SVP & Chief HR Officer now owns 60,029 shares.
Before that, Schumacher Mark Alan sold 1,500 shares. Herc Holdings Inc shares valued at $253,260 were divested by the VP & Chief Accounting Officer at a price of $168.84 per share. As a result of the transaction, Schumacher Mark Alan now holds 3,474 shares, worth roughly $0.55 million.
KeyBanc Capital Markets downgraded its Herc Holdings Inc [HRI] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late July from “a Buy” to “an Underperform”. Wells Fargo began covering HRI with “an Overweight” recommendation on March 11, 2022. Northcoast revised its rating on January 21, 2022. It rated HRI as “a Buy” which previously was an “a Neutral”.
Price Performance Review of HRI
On Tuesday, Herc Holdings Inc [NYSE:HRI] saw its stock fall -0.04% to $158.23. Over the last five days, the stock has lost -5.61%. Herc Holdings Inc shares have risen nearly 6.27% since the year began. Nevertheless, the stocks have risen 42.27% over the past one year. While a 52-week high of $171.00 was reached on 03/28/24, a 52-week low of $93.97 was recorded on 02/13/24. SMA at 50 days reached $158.17, while 200 days put it at $136.57. A total of 0.3 million shares were traded, compared to the trading of 0.29 million shares in the previous session.
Levels Of Support And Resistance For HRI Stock
The 24-hour chart illustrates a support level at 155.89, which if violated will result in even more drops to 153.54. On the upside, there is a resistance level at 159.74. A further resistance level may holdings at 161.24. The Relative Strength Index (RSI) on the 14-day chart is 44.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.06%. Stochastics %K at 12.79% indicates the stock is a buying.
