Herc Holdings Inc’s recently made public that its SVP&Chief Information Officer Peres Tamir unloaded Company’s shares for reported $0.93 million on Jul 31 ’24. In the deal valued at $159.03 per share,5,821 shares were sold. As a result of this transaction, Peres Tamir now holds 35,415 shares worth roughly $4.69 million.
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Then, Peres Tamir bought 5,821 shares, generating $890,089 in total proceeds.
Before that, Silber Lawrence Harris sold 20,000 shares. Herc Holdings Inc shares valued at $3,176,121 were divested by the President & CEO at a price of $158.81 per share. As a result of the transaction, Silber Lawrence Harris now holds 213,382 shares, worth roughly $28.25 million.
JP Morgan initiated its Herc Holdings Inc [HRI] rating to a Neutral in a research note published on June 07, 2024; the price target was $155. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “a Sector weight”. BofA Securities also remained covering HRI and has decreased its forecast on July 21, 2023 with a “an Underperform” recommendation from previously “Buy” rating. Wells Fargo started covering the stock on March 11, 2022. It rated HRI as “an Overweight”.
Price Performance Review of HRI
On Tuesday, Herc Holdings Inc [NYSE:HRI] saw its stock jump 1.82% to $132.37. Over the last five days, the stock has lost -2.46%. Herc Holdings Inc shares have fallen nearly -11.10% since the year began. Nevertheless, the stocks have fallen -1.80% over the past one year. While a 52-week high of $171.00 was reached on 03/28/24, a 52-week low of $100.17 was recorded on 07/09/24. SMA at 50 days reached $137.17, while 200 days put it at $143.30.
Levels Of Support And Resistance For HRI Stock
The 24-hour chart illustrates a support level at 129.81, which if violated will result in even more drops to 127.26. On the upside, there is a resistance level at 134.31. A further resistance level may holdings at 136.25. The Relative Strength Index (RSI) on the 14-day chart is 42.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.59%. Stochastics%K at 16.28% indicates the stock is a buying.
How much short interest is there in Herc Holdings Inc?
A steep rise in short interest was recorded in Herc Holdings Inc stocks on
