Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Heartland Financial USA, Inc shares valued at $217,620 were sold by Hylen Christopher on Sep 10 ’24. At $54.41 per share, Hylen Christopher sold 4,000 shares. The insider’s holdings dropped to 4,884 shares worth approximately $0.33 million following the completion of this transaction.
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
Also, Hylen Christopher purchased 4,000 shares, netting a total of over 217,840 in proceeds.
Before that, Kahn Robert S had sold 1,012 shares from its account. In a trade valued at $56,230, the EVP, Chief Strategy Officer traded Heartland Financial USA, Inc shares for $55.55 each. Upon closing the transaction, the insider’s holdings decreased to 1,012 shares, worth approximately $0.0.
As published in a research note from Keefe Bruyette on May 31, 2024, Heartland Financial USA, Inc [HTLF] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $54. Analysts at Raymond James upgraded the stock from ‘”a Mkt perform”‘ to ‘”a Strong buy”‘ outlook in a report released in late February. As of December 13, 2022, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for HTLF. Earlier on October 06, 2022, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for HTLF stock which previously was a “a Buy”.
Analyzing HTLF Stock Performance
During the last five days, there has been a surge of approximately 13.41%. Over the course of the year, Heartland Financial USA, Inc shares have jumped approximately 81.89%. Shares of the company reached a 52-week high of $68.43 on 11/06/24 and a 52-week low of $32.03 on 02/13/24. A 50-day SMA is recorded $57.14, while a 200-day SMA reached $45.25. Nevertheless, trading volume fell to 0.62 million shares from 0.29 million shares the previous day.
Support And Resistance Levels for Heartland Financial USA, Inc (HTLF)
According to the 24-hour chart, there is a support level at 65.60, which, if violated, would cause prices to drop to 62.78. In the upper region, resistance lies at 69.83. The next price resistance is at 71.24. RSI (Relative Strength Index) is 76.52 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.18, which suggests the price will increase in the coming days. Percent R is at 0.16%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
