Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Huntington Bancshares, Inc. shares valued at $99,601 were sold by Houston Helga on Oct 23 ’24. At $15.43 per share, Houston Helga sold 6,455 shares. The insider’s holdings dropped to 558,342 shares worth approximately $8.69 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, Houston Helga purchased 6,455 shares, netting a total of over 99,334 in proceeds.
Before that, Syal Rajeev had added 2,473 shares to its account. In a trade valued at $39,568, the Form Officer bought Huntington Bancshares, Inc. shares for $16.00 each.
As published in a research note from Robert W. Baird on July 26, 2024, Huntington Bancshares, Inc. [HBAN] has been rated down from an Outperform to a Neutral and the price target has been revised to $15. Analysts at Piper Sandler downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in mid June. As of May 28, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for HBAN. Earlier on April 08, 2024, Jefferies upgraded its rating. Their new recommendation was “a Buy” for HBAN stock which previously was a “a Hold”.
Analyzing HBAN Stock Performance
During the last five days, there has been a surge of approximately 0.84%. Over the course of the year, Huntington Bancshares, Inc. shares have jumped approximately 22.33%. Shares of the company reached a 52-week high of $16.03 on 10/15/24 and a 52-week low of $12.02 on 01/18/24. A 50-day SMA is recorded $14.70, while a 200-day SMA reached $13.70. Nevertheless, trading volume fell to 10.0 million shares from 10.15 million shares the previous day.
Support And Resistance Levels for Huntington Bancshares, Inc. (HBAN)
According to the 24-hour chart, there is a support level at 15.45, which, if violated, would cause prices to drop to 15.35. In the upper region, resistance lies at 15.66. The next price resistance is at 15.76. RSI (Relative Strength Index) is 62.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.24, which suggests the price will decrease in the coming days. Percent R is at 31.35%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
