In a filing, Hershey Company revealed its SVP, Chief Financial Officer Voskuil Steven E unloaded Company’s shares for reported $0.2 million on Sep 19 ’24. In the deal valued at $197.54 per share,1,000 shares were sold. As a result of this transaction, Voskuil Steven E now holds 32,228 shares worth roughly $6.23 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, Voskuil Steven E bought 1,000 shares, generating $197,540 in total proceeds.
Before that, Buck Michele sold 27,203 shares. Hershey Company shares valued at $5,451,558 were divested by the Chairman, President and CEO at a price of $200.40 per share. As a result of the transaction, Buck Michele now holds 164,474 shares, worth roughly $31.8 million.
Citigroup downgraded its Hershey Company [HSY] rating to a Sell from a a Neutral in a research note published on August 27, 2024; the price target was decreased to $182 from $195. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in mid August from “a Buy” to “a Hold”. Goldman began covering HSY with “Sell” recommendation on August 12, 2024. Citigroup maintained its rating on July 17, 2024. It rated HSY as “a Neutral”.
Price Performance Review of HSY
On Tuesday, Hershey Company [NYSE:HSY] saw its stock fall -0.92% to $193.34. Over the last five days, the stock has lost -2.98%. Hershey Company shares have risen nearly 3.70% since the year began. Nevertheless, the stocks have fallen -7.02% over the past one year. While a 52-week high of $211.92 was reached on 05/14/24, a 52-week low of $178.82 was recorded on 04/17/24. SMA at 50 days reached $196.44, while 200 days put it at $192.90.
Levels Of Support And Resistance For HSY Stock
The 24-hour chart illustrates a support level at 192.72, which if violated will result in even more drops to 192.11. On the upside, there is a resistance level at 194.40. A further resistance level may holdings at 195.46. The Relative Strength Index (RSI) on the 14-day chart is 40.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.18%. Stochastics %K at 15.35% indicates the stock is a buying.
How much short interest is there in Hershey Company?
A steep rise in short interest was recorded in Hershey Company stocks on 2024-08-30, growing by 0.44 million shares to a total of 6.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 5.57 million shares. There was a rise of 7.33%, which implies that there is a positive sentiment for the stock.
