KD Logo

Monitoring Holley Inc (HLLY) after recent insider movements

Holley Inc’s recent filing unveils that its Exec. Chairman of the Board Rubel Matthew E acquired Company’s shares for reported $49131.0 on Jun 12 ’24. In the deal valued at $3.39 per share,14,493 shares were bought. As a result of this transaction, Rubel Matthew E now holds 169,979 shares worth roughly $0.61 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Clempson Graham bought 40,924 shares, generating $172,933 in total proceeds. Upon buying the shares at $4.23, the Director now owns 104,775 shares.

Before that, Clempson Graham bought 59,076 shares. Holley Inc shares valued at $247,168 were divested by the Director at a price of $4.18 per share. As a result of the transaction, Clempson Graham now holds 63,851 shares, worth roughly $0.23 million.

Telsey Advisory Group reiterated its Holley Inc [HLLY] rating to an Outperform in a research note published on May 09, 2024; the price target was $6.50. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid February from “an Overweight” to “a Neutral”. Jefferies also remained covering HLLY and has increased its forecast on November 15, 2023 with a “Buy” recommendation from previously “Hold” rating. Telsey Advisory Group revised its rating on November 03, 2023. It rated HLLY as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of HLLY

On Friday, Holley Inc [NYSE:HLLY] saw its stock unchanged to $3.58. Over the last five days, the stock has gained 0.28%. Holley Inc shares have fallen nearly -26.49% since the year began. Nevertheless, the stocks have fallen -9.14% over the past one year. While a 52-week high of $8.06 was reached on 01/29/24, a 52-week low of $3.16 was recorded on 06/18/24. SMA at 50 days reached $3.79, while 200 days put it at $4.35. A total of 1.5 million shares were traded, compared to the trading of 0.41 million shares in the previous session.

Levels Of Support And Resistance For HLLY Stock

The 24-hour chart illustrates a support level at 3.46, which if violated will result in even more drops to 3.35. On the upside, there is a resistance level at 3.66. A further resistance level may holdings at 3.75. The Relative Strength Index (RSI) on the 14-day chart is 48.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.75%. Stochastics%K at 68.74% indicates the stock is a holding.

The most recent change occurred on August 18, 2023 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating.

Most Popular