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Keeping an Eye on Huntington Ingalls Industries Inc (HII) After Insider Trading Activity

Huntington Ingalls Industries Inc’s recently made public that its Ex VP, Pres. HII Mission Tech Green Edgar A III unloaded Company’s shares for reported $1.05 million on Mar 01 ’24. In the deal valued at $290.75 per share,3,603 shares were sold. As a result of this transaction, Green Edgar A III now holds 7,461 shares worth roughly $2.05 million.

Then, Schuck Nicolas G sold 1,293 shares, generating $376,742 in total proceeds. Upon selling the shares at $291.28, the Corp VP, Controller & CAO now owns 2,250 shares.

Before that, Wyatt D R sold 500 shares. Huntington Ingalls Industries Inc shares valued at $144,282 were divested by the Corp VP & Treasurer at a price of $288.56 per share. As a result of the transaction, Wyatt D R now holds 18,600 shares, worth roughly $5.11 million.

Barclays downgraded its Huntington Ingalls Industries Inc [HII] rating to an Equal weight from a an Overweight in a research note published on January 05, 2024; the price target was increased to $280 from $250. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in late September from “a Neutral” to “an Overweight”. Deutsche Bank began covering HII with “Hold” recommendation on September 28, 2023. Barclays revised its rating on December 08, 2022. It rated HII as “an Overweight” which previously was an “an Equal weight”.

Price Performance Review of HII

On Tuesday, Huntington Ingalls Industries Inc [NYSE:HII] saw its stock fall -0.01% to $274.47. Over the last five days, the stock has gained 0.17%. Huntington Ingalls Industries Inc shares have risen nearly 5.71% since the year began. Nevertheless, the stocks have risen 31.51% over the past one year. While a 52-week high of $299.50 was reached on 03/05/24, a 52-week low of $188.51 was recorded on 01/05/24. SMA at 50 days reached $285.37, while 200 days put it at $246.10. A total of 0.24 million shares were traded, compared to the trading of 0.31 million shares in the previous session.

Levels Of Support And Resistance For HII Stock

The 24-hour chart illustrates a support level at 273.02, which if violated will result in even more drops to 271.57. On the upside, there is a resistance level at 276.89. A further resistance level may holdings at 279.30. The Relative Strength Index (RSI) on the 14-day chart is 38.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.45%. Stochastics %K at 24.06% indicates the stock is a holding.

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