Equitable Holdings Inc’s recent filing unveils that its President and CEO Pearson Mark unloaded Company’s shares for reported $1.09 million on Apr 15 ’24. In the deal valued at $36.24 per share,30,000 shares were sold. As a result of this transaction, Pearson Mark now holds 685,025 shares worth roughly $ 25.04 million.
Then, HURD JEFFREY J sold 9,969 shares, generating $361,239 in total proceeds. Upon selling the shares at $36.24, the Chief Operating Officer now owns 141,062 shares.
Before that, Pearson Mark sold 30,000 shares. Equitable Holdings Inc shares valued at $1,129,903 were divested by the President and CEO at a price of $37.66 per share. As a result of the transaction, Pearson Mark now holds 695,025 shares, worth roughly $25.41 million.
JP Morgan downgraded its Equitable Holdings Inc [EQH] rating to a Neutral from a an Overweight in a research note published on January 03, 2024; the price target was increased to $36 from $35. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Keefe Bruyette also remained covering EQH and has decreased its forecast on December 05, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. Deutsche Bank started covering the stock on October 05, 2023. It rated EQH as “a Hold”.
Price Performance Review of EQH
On Friday, Equitable Holdings Inc [NYSE:EQH] saw its stock jump 0.88% to $36.56. Over the last five days, the stock has gained 0.16%. Equitable Holdings Inc shares have risen nearly 9.79% since the year began. Nevertheless, the stocks have risen 38.43% over the past one year. While a 52-week high of $38.44 was reached on 04/04/24, a 52-week low of $21.89 was recorded on 02/01/24. SMA at 50 days reached $35.47, while 200 days put it at $30.98. A total of 1.88 million shares were traded, compared to the trading of 1.77 million shares in the previous session.
Levels Of Support And Resistance For EQH Stock
The 24-hour chart illustrates a support level at 36.26, which if violated will result in even more drops to 35.96. On the upside, there is a resistance level at 36.78. A further resistance level may holdings at 36.99. The Relative Strength Index (RSI) on the 14-day chart is 52.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.73%. Stochastics %K at 22.26% indicates the stock is a holding.
The most recent change occurred on February 08, 2023 when Raymond James began covering the stock and recommended ‘”a Mkt perform”‘ rating .
