Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. HF Sinclair Corp shares valued at $193,775 were purchased by MYERS FRANKLIN on Nov 01 ’24. At $38.76 per share, MYERS FRANKLIN acquired 5,000 shares. The insider’s holdings grew to 145,293 shares worth approximately $6.14 million following the completion of this transaction.
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Also, MYERS FRANKLIN purchased 2,000 shares, netting a total of over 104,080 in proceeds. Following the buying of shares at $52.04 each, the insider now holds 140,293 shares.
Before that, MYERS FRANKLIN had added 6,500 shares to its account. In a trade valued at $372,905, the Director bought HF Sinclair Corp shares for $57.37 each. Upon closing the transaction, the insider’s holdings increased to 6,500 shares, worth approximately $5.85 million.
As published in their initiating research note from Wolfe Research on July 18, 2024, HF Sinclair Corp [DINO] has been a Peer perform. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid March. Earlier on February 22, 2024, TD Cowen resumed its rating. Their recommendation was “a Market perform” for DINO stock.
Analyzing DINO Stock Performance
During the last five days, there has been a surge of approximately 3.60%. Over the course of the year, HF Sinclair Corp shares have dropped approximately -23.90%. Shares of the company reached a 52-week high of $64.16 on 04/05/24 and a 52-week low of $38.25 on 10/31/24. A 50-day SMA is recorded $44.61, while a 200-day SMA reached $52.18. Nevertheless, trading volume fell to 2.45 million shares from 2.09 million shares the previous day.
Support And Resistance Levels for HF Sinclair Corp (DINO)
According to the 24-hour chart, there is a support level at 41.29, which, if violated, would cause prices to drop to 40.28. In the upper region, resistance lies at 43.00. The next price resistance is at 43.70. RSI (Relative Strength Index) is 47.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.30, which suggests the price will decrease in the coming days. Percent R is at 37.27%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
