KD Logo

BofA Securities’s latest rating for HIMS stock

Hims & Hers Health Inc’s filing revealed that its Director Manuel Anja acquired Company’s shares for reported $0.11 million on Nov 12 ’24. In the deal valued at $26.94 per share,4,000 shares were bought. As a result of this transaction, Manuel Anja now holds 4,000 shares worth roughly $77280.0.

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, Manuel Anja bought 1,000 shares, generating $24,500 in total proceeds. Upon buying the shares at $24.50, the Director now owns 5,000 shares.

Before that, Okupe Oluyemi sold 142,886 shares. Hims & Hers Health Inc shares valued at $4,276,609 were divested by the Chief Financial Officer at a price of $29.93 per share. As a result of the transaction, Okupe Oluyemi now holds 112,186 shares, worth roughly $2.17 million.

BofA Securities downgraded its Hims & Hers Health Inc [HIMS] rating to an Underperform from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating. Imperial Capital also remained covering HIMS and has decreased its forecast on August 09, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Citigroup revised its rating on May 22, 2024. It rated HIMS as “a Neutral” which previously was an “a Buy”.

Price Performance Review of HIMS

On Friday, Hims & Hers Health Inc [NYSE:HIMS] saw its stock fall -7.34% to $19.32. Over the last five days, the stock has lost -17.47%. Hims & Hers Health Inc shares have risen nearly 117.08% since the year began. Nevertheless, the stocks have risen 150.58% over the past one year. While a 52-week high of $30.44 was reached on 11/13/24, a 52-week low of $7.40 was recorded on 01/05/24. SMA at 50 days reached $19.76, while 200 days put it at $17.07.

Levels Of Support And Resistance For HIMS Stock

The 24-hour chart illustrates a support level at 18.52, which if violated will result in even more drops to 17.72. On the upside, there is a resistance level at 20.75. A further resistance level may holdings at 22.18. The Relative Strength Index (RSI) on the 14-day chart is 43.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.79%. Stochastics %K at 35.20% 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 2024-10-31, growing by 9.08 million shares to a total of 33.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 24.76 million shares. There was a rise of 26.83%, which implies that there is a positive sentiment for the stock.

Most Popular