Honest Company Inc’s filing revealed that its Director WHITE JAMES D unloaded Company’s shares for reported $0.28 million on Aug 13 ’24. In the deal valued at $3.98 per share,70,000 shares were sold. As a result of this transaction, WHITE JAMES D now holds 309,244 shares worth roughly $1.31 million.
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Then, WHITE JAMES D bought 70,000 shares, generating $256,900 in total proceeds.
Before that, Sheehey Brendan sold 8,583 shares. Honest Company Inc shares valued at $23,775 were divested by the General Counsel at a price of $2.77 per share. As a result of the transaction, Sheehey Brendan now holds 526,037 shares, worth roughly $2.24 million.
Northland Capital initiated its Honest Company Inc [HNST] rating to an Outperform in a research note published on August 06, 2024; the price target was $6. A number of analysts have revised their coverage, including Loop Capital’s analysts, who increased its forecast for the stock in late June from “a Hold” to “a Buy”. Lake Street began covering HNST with “Buy” recommendation on April 04, 2024. Alliance Global Partners started covering the stock on February 06, 2024. It rated HNST as “a Buy”.
Price Performance Review of HNST
On Friday, Honest Company Inc [NASDAQ:HNST] saw its stock jump 0.47% to $4.25. Over the last five days, the stock has gained 15.49%. Honest Company Inc shares have risen nearly 28.79% since the year began. Nevertheless, the stocks have risen 191.10% over the past one year. While a 52-week high of $4.89 was reached on 03/07/24, a 52-week low of $1.06 was recorded on 06/24/24. SMA at 50 days reached $3.21, while 200 days put it at $3.01.
Levels Of Support And Resistance For HNST Stock
The 24-hour chart illustrates a support level at 4.14, which if violated will result in even more drops to 4.03. On the upside, there is a resistance level at 4.38. A further resistance level may holdings at 4.51. The Relative Strength Index (RSI) on the 14-day chart is 66.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.89%. Stochastics%K at 85.60% indicates the stock is a selling.
How much short interest is there in Honest Company Inc?
A steep rise in short interest was recorded in Honest Company Inc stocks on 2024-07-31, growing by 1.23 million shares to a total of 2.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 1.32 million shares. There was a rise of 48.3%, which implies that there is a positive sentiment for the stock.
