Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hancock Whitney Corp. shares valued at $40,760 were sold by Wilkins Carleton Richard on Oct 21 ’24. At $50.95 per share, Wilkins Carleton Richard sold 800 shares. The insider’s holdings dropped to 15,900 shares worth approximately $0.82 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, Achary Michael M sold 8,431 shares, netting a total of over 443,049 in proceeds. Following the sale of shares at $52.55 each, the insider now holds 54,380 shares.
Before that, Achary Michael M had added 8,431 shares to its account. In a trade valued at $443,133, the Officer bought Hancock Whitney Corp. shares for $52.56 each.
As published in a research note from Hovde Group on July 17, 2024, Hancock Whitney Corp. [HWC] has been retained to an Outperform and the price target has been revised to $62. Analysts at Keefe Bruyette upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in late May. As of April 17, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for HWC.
Analyzing HWC Stock Performance
During the last five days, there has been a drop of approximately -3.73%. Over the course of the year, Hancock Whitney Corp. shares have jumped approximately 5.64%. Shares of the company reached a 52-week high of $57.78 on 07/25/24 and a 52-week low of $41.19 on 02/07/24. A 50-day SMA is recorded $51.04, while a 200-day SMA reached $47.41. Nevertheless, trading volume fell to 0.62 million shares from 0.58 million shares the previous day.
Support And Resistance Levels for Hancock Whitney Corp. (HWC)
According to the 24-hour chart, there is a support level at 50.57, which, if violated, would cause prices to drop to 49.82. In the upper region, resistance lies at 52.10. The next price resistance is at 52.88. RSI (Relative Strength Index) is 49.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.51, which suggests the price will decrease in the coming days. Percent R is at 72.32%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
