HCI Group Inc’s recently made public that its Chief Executive Officer Patel Paresh acquired Company’s shares for reported $55500.0 on Apr 11 ’24. In the deal valued at $111.00 per share,500 shares were bought. As a result of this transaction, Patel Paresh now holds 349,500 shares worth roughly $33.41 million.
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Then, Patel Paresh bought 1,000 shares, generating $114,900 in total proceeds. Upon buying the shares at $114.90, the Chief Executive Officer now owns 349,000 shares.
Before that, Saravanos Anthony sold 20,873 shares. HCI Group Inc shares valued at $2,437,549 were divested by the Division President at a price of $116.78 per share. As a result of the transaction, Saravanos Anthony now holds 30,000 shares, worth roughly $2.87 million.
William Blair upgraded its HCI Group Inc [HCI] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid November with a ‘”an Outperform”‘ rating. William Blair began covering HCI with “Mkt perform” recommendation on August 11, 2023. Compass Point started covering the stock on January 19, 2023. It rated HCI as “a Buy”.
Price Performance Review of HCI
On Tuesday, HCI Group Inc [NYSE:HCI] saw its stock fall -4.37% to $95.58. Over the last five days, the stock has gained 1.08%. HCI Group Inc shares have risen nearly 9.36% since the year began. Nevertheless, the stocks have risen 80.58% over the past one year. While a 52-week high of $121.57 was reached on 03/25/24, a 52-week low of $50.01 was recorded on 01/17/24. SMA at 50 days reached $92.14, while 200 days put it at $97.01.
Levels Of Support And Resistance For HCI Stock
The 24-hour chart illustrates a support level at 93.83, which if violated will result in even more drops to 92.07. On the upside, there is a resistance level at 98.84. A further resistance level may holdings at 102.09. The Relative Strength Index (RSI) on the 14-day chart is 51.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 48.13%. Stochastics %K at 74.68% indicates the stock is a holding.
How much short interest is there in HCI Group Inc?
A steep rise in short interest was recorded in HCI Group Inc stocks on 2024-08-15, growing by 0.13 million shares to a total of 1.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 1.19 million shares. There was a rise of 10.05%, which implies that there is a positive sentiment for the stock.
