KD Logo

HWC (Hancock Whitney Corp.) may reap gains as insiders became active recently

Hancock Whitney Corp.’s recently made public that its Director BERTUCCI FRANK E unloaded Company’s shares for reported $0.12 million on Jul 29 ’24. In the deal valued at $57.03 per share,2,053 shares were sold. As a result of this transaction, BERTUCCI FRANK E now holds 22,554 shares worth roughly $1.21 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, PICKERING CHRISTINE L sold 1,300 shares, generating $59,306 in total proceeds. Upon selling the shares at $45.62, the Director now owns 23,982 shares.

Before that, Knight Cecil W. Jr sold 844 shares. Hancock Whitney Corp. shares valued at $39,516 were divested by the Chief Banking Officer at a price of $46.82 per share. As a result of the transaction, Knight Cecil W. Jr now holds 58,843 shares, worth roughly $3.16 million.

Hovde Group reiterated its Hancock Whitney Corp. [HWC] rating to an Outperform in a research note published on July 17, 2024; the price target was $62. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in late May from “a Mkt perform” to “an Outperform”. Citigroup also remained covering HWC and has increased its forecast on April 17, 2024 with a “Buy” recommendation from previously “Neutral” rating.

Price Performance Review of HWC

On Tuesday, Hancock Whitney Corp. [NASDAQ:HWC] saw its stock jump 1.39% to $53.77. Over the last five days, the stock has gained 7.28%. Hancock Whitney Corp. shares have risen nearly 10.66% since the year began. Nevertheless, the stocks have risen 54.29% over the past one year. While a 52-week high of $57.78 was reached on 07/25/24, a 52-week low of $32.16 was recorded on 02/07/24. SMA at 50 days reached $50.56, while 200 days put it at $47.26.

Levels Of Support And Resistance For HWC Stock

The 24-hour chart illustrates a support level at 52.86, which if violated will result in even more drops to 51.94. On the upside, there is a resistance level at 54.83. A further resistance level may holdings at 55.88. The Relative Strength Index (RSI) on the 14-day chart is 64.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.15%. Stochastics %K at 87.51% indicates the stock is a selling.

How much short interest is there in Hancock Whitney Corp.?

A steep rise in short interest was recorded in Hancock Whitney Corp. stocks on 2024-09-30, dropping by -0.33 million shares to a total of 2.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 2.75 million shares. There was a decline of -13.82%, which implies that there is a negative sentiment for the stock.

Most Popular