Robert Half Inc’s filing revealed that its Executive Vice President GLASS ROBERT W unloaded Company’s shares for reported $0.6 million on Mar 07 ’24. In the deal valued at $80.46 per share,7,500 shares were sold. As a result of this transaction, GLASS ROBERT W now holds 186,062 shares worth roughly $13.3 million.
Then, GLASS ROBERT W sold 15,365 shares, generating $1,251,616 in total proceeds. Upon selling the shares at $81.46, the Executive Vice President now owns 194,562 shares.
Before that, GLASS ROBERT W sold 14,751 shares. Robert Half Inc shares valued at $1,108,513 were divested by the Executive Vice President at a price of $75.15 per share. As a result of the transaction, GLASS ROBERT W now holds 209,927 shares, worth roughly $15.01 million.
Truist upgraded its Robert Half Inc [RHI] rating to a Hold from a a Sell in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early November with a ‘”a Sell”‘ rating. Redburn began covering RHI with “Neutral” recommendation on June 20, 2023. UBS started covering the stock on June 01, 2023. It rated RHI as “a Buy”.
Price Performance Review of RHI
On Monday, Robert Half Inc [NYSE:RHI] saw its stock jump 1.81% to $71.50. Over the last five days, the stock has gained 1.33%. Robert Half Inc shares have fallen nearly -18.68% since the year began. Nevertheless, the stocks have fallen -4.23% over the past one year. While a 52-week high of $88.39 was reached on 01/02/24, a 52-week low of $64.65 was recorded on 04/17/24. SMA at 50 days reached $77.87, while 200 days put it at $78.23. A total of 1.35 million shares were traded, compared to the trading of 1.18 million shares in the previous session.
Levels Of Support And Resistance For RHI Stock
The 24-hour chart illustrates a support level at 71.17, which if violated will result in even more drops to 70.83. On the upside, there is a resistance level at 71.92. A further resistance level may holdings at 72.34. The Relative Strength Index (RSI) on the 14-day chart is 36.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.81%. Stochastics %K at 14.34% indicates the stock is a buying.
The most recent change occurred on January 05, 2023 when Exane BNP Paribas began covering the stock and recommended ‘”an Underperform”‘ rating along with a $70 price target.
