In a filing, Hims & Hers Health Inc revealed its Officer Chi Michael acquired Company’s shares for reported $0.38 million on Oct 25 ’24. In the deal valued at $22.00 per share,17,304 shares were bought.
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Then, Chi Michael sold 7,500 shares, generating $166,500 in total proceeds. Upon selling the shares at $22.20, the Chief Commercial Officer now owns 193,980 shares.
Before that, Chi Michael bought 7,500 shares. Hims & Hers Health Inc shares valued at $166,500 were divested by the Officer at a price of $22.20 per share.
Needham initiated its Hims & Hers Health Inc [HIMS] rating to a Buy in a research note published on August 22, 2024; the price target was $24. A number of analysts have revised their coverage, including Imperial Capital’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “an In-line”. Citigroup also remained covering HIMS and has decreased its forecast on May 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. Jefferies revised its rating on April 16, 2024. It rated HIMS as “a Hold” which previously was an “a Buy”.
Price Performance Review of HIMS
On Monday, Hims & Hers Health Inc [NYSE:HIMS] saw its stock jump 6.21% to $23.08. Over the last five days, the stock has gained 0.13%. Hims & Hers Health Inc shares have risen nearly 159.33% since the year began. Nevertheless, the stocks have risen 279.61% over the past one year. While a 52-week high of $25.74 was reached on 06/18/24, a 52-week low of $5.65 was recorded on 01/05/24. SMA at 50 days reached $17.76, while 200 days put it at $16.11.
Levels Of Support And Resistance For HIMS Stock
The 24-hour chart illustrates a support level at 22.56, which if violated will result in even more drops to 22.03. On the upside, there is a resistance level at 23.41. A further resistance level may holdings at 23.73. The Relative Strength Index (RSI) on the 14-day chart is 63.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.34%. Stochastics %K at 74.45% indicates the stock is a holding.
How much short interest is there in Hims & Hers Health Inc?
A steep rise in short interest was recorded in Hims & Hers Health Inc stocks on 2024-10-15, growing by 5.34 million shares to a total of 31.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 26.54 million shares. There was a rise of 16.74%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 10, 2024 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $20 price target.
