Omega Healthcare Investors, Inc.’s recently made public that its CHIEF FINANCIAL OFFICER STEPHENSON ROBERT O unloaded Company’s shares for reported $1.16 million on Aug 26 ’24. In the deal valued at $38.78 per share,30,000 shares were sold. As a result of this transaction, STEPHENSON ROBERT O now holds 205,618 shares worth roughly $8.13 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, Robert Stephenson bought 30,000 shares, generating $1,162,500 in total proceeds.
Before that, BOOTH DANIEL J sold 25,000 shares. Omega Healthcare Investors, Inc. shares valued at $967,680 were divested by the CHIEF OPERATING OFFICER at a price of $38.71 per share. As a result of the transaction, BOOTH DANIEL J now holds 181,725 shares, worth roughly $7.19 million.
Mizuho downgraded its Omega Healthcare Investors, Inc. [OHI] rating to a Neutral from a an Outperform in a research note published on July 25, 2024; the price target was increased to $35 from $34. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. Wells Fargo also remained covering OHI and has increased its forecast on February 26, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Exane BNP Paribas revised its rating on February 08, 2024. It rated OHI as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of OHI
On Friday, Omega Healthcare Investors, Inc. [NYSE:OHI] saw its stock jump 0.33% to $39.54. Over the last five days, the stock has gained 1.83%. Omega Healthcare Investors, Inc. shares have risen nearly 28.96% since the year began. Nevertheless, the stocks have risen 22.87% over the past one year. While a 52-week high of $39.68 was reached on 08/30/24, a 52-week low of $27.53 was recorded on 02/05/24. SMA at 50 days reached $36.28, while 200 days put it at $32.25.
Levels Of Support And Resistance For OHI Stock
The 24-hour chart illustrates a support level at 39.26, which if violated will result in even more drops to 38.97. On the upside, there is a resistance level at 39.76. A further resistance level may holdings at 39.97. The Relative Strength Index (RSI) on the 14-day chart is 74.65, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.01, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.12%. Stochastics %K at 90.79% indicates the stock is a selling.
How much short interest is there in Omega Healthcare Investors, Inc.?
A steep rise in short interest was recorded in Omega Healthcare Investors, Inc. stocks on 2024-08-15, dropping by -1.65 million shares to a total of 10.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 12.22 million shares. There was a decline of -15.64%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 30, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $36 price target.
