In a filing, Healthstream Inc revealed its Executive Vice President Sousa Michael unloaded Company’s shares for reported $0.41 million on Feb 26 ’24. In the deal valued at $27.25 per share,15,000 shares were sold. As a result of this transaction, Sousa Michael now holds 42,525 shares worth roughly $1.12 million.
Then, Coady Trisha L sold 7,000 shares, generating $184,360 in total proceeds. Upon selling the shares at $26.34, the Senior Vice President now owns 14,693 shares.
Before that, Fenstermacher Scott sold 1,000 shares. Healthstream Inc shares valued at $26,590 were divested by the Senior Vice President at a price of $26.59 per share. As a result of the transaction, Fenstermacher Scott now holds 14,008 shares, worth roughly $0.37 million.
Barclays initiated its Healthstream Inc [HSTM] rating to an Overweight in a research note published on January 03, 2024; the price target was $32. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in early December with a ‘”a Mkt perform”‘ rating. Raymond James began covering HSTM with “Mkt perform” recommendation on December 20, 2019. Barrington Research revised its rating on July 11, 2018. It rated HSTM as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of HSTM
On Tuesday, Healthstream Inc [NASDAQ:HSTM] saw its stock jump 9.54% to $26.41. Over the last five days, the stock has gained 7.05%. Healthstream Inc shares have fallen nearly -2.29% since the year began. Nevertheless, the stocks have fallen -2.98% over the past one year. While a 52-week high of $29.12 was reached on 02/20/24, a 52-week low of $20.47 was recorded on 04/18/24. SMA at 50 days reached $26.16, while 200 days put it at $24.60. A total of 0.32 million shares were traded, compared to the trading of 0.16 million shares in the previous session.
Levels Of Support And Resistance For HSTM Stock
The 24-hour chart illustrates a support level at 25.06, which if violated will result in even more drops to 23.71. On the upside, there is a resistance level at 27.30. A further resistance level may holdings at 28.19. The Relative Strength Index (RSI) on the 14-day chart is 58.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.73%. Stochastics %K at 45.45% indicates the stock is a holding.
