In a filing, Heartland Express, Inc. revealed its Chief Executive Officer GERDIN MICHAEL J acquired Company’s shares for reported $0.58 million on Sep 11 ’24. In the deal valued at $11.67 per share,50,000 shares were bought. As a result of this transaction, GERDIN MICHAEL J now holds 1,196,718 shares worth roughly $13.28 million.
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
Then, PRATT JAMES G bought 9,000 shares, generating $107,619 in total proceeds. Upon buying the shares at $11.96, the Director now owns 23,429 shares.
Before that, Ann S. Gerdin Revocable Trust bought 8,089 shares. Heartland Express, Inc. shares valued at $86,899 were divested by the Co-Trustee of 10% Owner at a price of $10.74 per share. As a result of the transaction, Ann S. Gerdin Revocable Trust now holds 849,078 shares, worth roughly $9.42 million.
UBS downgraded its Heartland Express, Inc. [HTLD] rating to a Neutral from a a Buy in a research note published on July 09, 2024; the price target was decreased to $13 from $15. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early July from “a Neutral” to “an Underweight”. UBS also remained covering HTLD and has increased its forecast on November 11, 2022 with a “Buy” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on March 15, 2022. It rated HTLD as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of HTLD
On Tuesday, Heartland Express, Inc. [NASDAQ:HTLD] saw its stock fall -2.46% to $11.10. Over the last five days, the stock has lost -2.46%. Heartland Express, Inc. shares have fallen nearly -22.16% since the year began. Nevertheless, the stocks have fallen -10.19% over the past one year. While a 52-week high of $14.60 was reached on 01/02/24, a 52-week low of $9.63 was recorded on 04/30/24. SMA at 50 days reached $11.89, while 200 days put it at $11.93.
Levels Of Support And Resistance For HTLD Stock
The 24-hour chart illustrates a support level at 10.87, which if violated will result in even more drops to 10.65. On the upside, there is a resistance level at 11.29. A further resistance level may holdings at 11.49. The Relative Strength Index (RSI) on the 14-day chart is 36.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.51%. Stochastics %K at 21.18% indicates the stock is a holding.
How much short interest is there in Heartland Express, Inc.?
A steep rise in short interest was recorded in Heartland Express, Inc. stocks on 2024-10-15, dropping by -0.22 million shares to a total of 1.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.45 million shares. There was a decline of -17.72%, which implies that there is a negative sentiment for the stock.
