HF Sinclair Corp.’s recently made public that its Director MYERS FRANKLIN acquired Company’s shares for reported $0.1 million on Jun 12 ’24. In the deal valued at $52.04 per share,2,000 shares were bought. As a result of this transaction, MYERS FRANKLIN now holds 140,293 shares worth roughly $6.03 million.
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Then, MYERS FRANKLIN bought 6,500 shares, generating $372,905 in total proceeds. Upon buying the shares at $57.37, the Director now owns 138,293 shares.
Before that, Fernandez Manuel J sold 1,213 shares. HF Sinclair Corp. shares valued at $74,114 were divested by the Director at a price of $61.10 per share. As a result of the transaction, Fernandez Manuel J now holds 9,828 shares, worth roughly $0.42 million.
Wolfe Research initiated its HF Sinclair Corp. [DINO] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “a Buy”. TD Cowen maintained its rating on February 22, 2024. It rated DINO as “a Market perform”.
Price Performance Review of DINO
On Friday, HF Sinclair Corp. [NYSE:DINO] saw its stock jump 0.23% to $43.01. Over the last five days, the stock has lost -2.85%. HF Sinclair Corp. shares have fallen nearly -22.60% since the year began. Nevertheless, the stocks have fallen -20.07% over the past one year. While a 52-week high of $64.16 was reached on 04/05/24, a 52-week low of $42.42 was recorded on 10/23/24. SMA at 50 days reached $45.84, while 200 days put it at $52.68.
Levels Of Support And Resistance For DINO Stock
The 24-hour chart illustrates a support level at 42.68, which if violated will result in even more drops to 42.34. On the upside, there is a resistance level at 43.40. A further resistance level may holdings at 43.78. The Relative Strength Index (RSI) on the 14-day chart is 39.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.43%. Stochastics %K at 11.31% indicates the stock is a buying.
How much short interest is there in HF Sinclair Corp.?
A steep rise in short interest was recorded in HF Sinclair Corp. stocks on 2024-10-15, dropping by -1.3 million shares to a total of 7.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 8.48 million shares. There was a decline of -18.11%, which implies that there is a negative sentiment for the stock.
