Equitable Holdings Inc’s recent filing unveils that its President and CEO Pearson Mark unloaded Company’s shares for reported $1.33 million on Oct 15 ’24. In the deal valued at $44.40 per share,30,000 shares were sold. As a result of this transaction, Pearson Mark now holds 658,555 shares worth roughly $29.62 million.
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Then, MARK PEARSON bought 30,000 shares, generating $1,320,000 in total proceeds.
Before that, Equitable Holdings, Inc. bought 500,000 shares. Equitable Holdings Inc shares valued at $17,091,700 were divested by the at a price of $34.18 per share. As a result of the transaction, Equitable Holdings, Inc. now holds 3,066,838 shares, worth roughly $137.92 million.
Barclays initiated its Equitable Holdings Inc [EQH] rating to an Overweight in a research note published on September 05, 2024; the price target was $59. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in mid June from “a Buy” to “a Neutral”. JP Morgan also remained covering EQH and has decreased its forecast on January 03, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Jefferies revised its rating on December 11, 2023. It rated EQH as “a Buy” which previously was an “a Hold”.
Price Performance Review of EQH
On Friday, Equitable Holdings Inc [NYSE:EQH] saw its stock fall -1.68% to $44.97. Over the last five days, the stock has lost -2.20%. Equitable Holdings Inc shares have risen nearly 35.05% since the year began. Nevertheless, the stocks have risen 71.77% over the past one year. While a 52-week high of $46.30 was reached on 10/23/24, a 52-week low of $24.65 was recorded on 02/01/24. SMA at 50 days reached $42.23, while 200 days put it at $38.87.
Levels Of Support And Resistance For EQH Stock
The 24-hour chart illustrates a support level at 44.42, which if violated will result in even more drops to 43.86. On the upside, there is a resistance level at 45.76. A further resistance level may holdings at 46.54. The Relative Strength Index (RSI) on the 14-day chart is 61.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.85%. Stochastics %K at 76.18% indicates the stock is a holding.
How much short interest is there in Equitable Holdings Inc?
A steep rise in short interest was recorded in Equitable Holdings Inc stocks on 2024-10-15, growing by 0.92 million shares to a total of 4.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.84 million shares. There was a rise of 19.33%, which implies that there is a positive sentiment for the stock.
