The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Omega Healthcare Investors, Inc. shares valued at $2,283,181 were sold by BOOTH DANIEL J on Sep 27 ’24. At $40.25 per share, BOOTH DANIEL J sold 56,725 shares. The insider’s holdings dropped to 100,000 shares worth approximately $4.0 million following the completion of this transaction.
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
Also, STEPHENSON ROBERT O sold 22,542 shares, netting a total of over 905,963 in proceeds. Following the sale of shares at $40.19 each, the insider now holds 183,076 shares.
Before that, BOOTH DANIEL J had added 56,725 shares to its account. In a trade valued at $2,287,719, the Officer bought Omega Healthcare Investors, Inc. shares for $40.33 each.
As published in a research note from Mizuho on July 25, 2024, Omega Healthcare Investors, Inc. [OHI] has been rated down from an Outperform to a Neutral and the price target has been revised to $35 from $34. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late March. As of February 26, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for OHI. Earlier on February 08, 2024, Exane BNP Paribas upgraded its rating. Their new recommendation was “a Neutral” for OHI stock which previously was a “an Underperform”.
Analyzing OHI Stock Performance
During the last five days, there has been a drop of approximately -1.19%. Over the course of the year, Omega Healthcare Investors, Inc. shares have jumped approximately 30.40%. Shares of the company reached a 52-week high of $41.53 on 09/18/24 and a 52-week low of $27.53 on 02/05/24. A 50-day SMA is recorded $38.96, while a 200-day SMA reached $33.29. Nevertheless, trading volume fell to 1.06 million shares from 2.13 million shares the previous day.
Support And Resistance Levels for Omega Healthcare Investors, Inc. (OHI)
According to the 24-hour chart, there is a support level at 39.80, which, if violated, would cause prices to drop to 39.62. In the upper region, resistance lies at 40.13. The next price resistance is at 40.28. RSI (Relative Strength Index) is 50.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.47, which suggests the price will decrease in the coming days. Percent R is at 88.14%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
