Home Bancshares Inc’s recent filing unveils that its Director Hickman James Pat unloaded Company’s shares for reported $1.97 million on Nov 18 ’24. In the deal valued at $30.77 per share,63,997 shares were sold. As a result of this transaction, Hickman James Pat now holds 175,500 shares worth roughly $5.39 million.
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Then, Hickman James Pat sold 36,000 shares, generating $1,109,190 in total proceeds. Upon selling the shares at $30.81, the Director now owns 10,590 shares.
Before that, Hickman James Pat bought 78,997 shares. Home Bancshares Inc shares valued at $2,429,158 were divested by the Director at a price of $30.75 per share.
Citigroup initiated its Home Bancshares Inc [HOMB] rating to a Neutral in a research note published on December 01, 2023; the price target was $23. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “a Mkt perform”. Raymond James also remained covering HOMB and has decreased its forecast on July 16, 2021 with a “Mkt perform” recommendation from previously “an Outperform” rating. Raymond James revised its rating on April 17, 2020. It rated HOMB as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of HOMB
On Tuesday, Home Bancshares Inc [NYSE:HOMB] saw its stock jump 0.39% to $30.74. Over the last five days, the stock has lost -1.63%. Home Bancshares Inc shares have risen nearly 21.36% since the year began. Nevertheless, the stocks have risen 37.72% over the past one year. While a 52-week high of $31.33 was reached on 11/13/24, a 52-week low of $21.70 was recorded on 04/16/24. SMA at 50 days reached $27.67, while 200 days put it at $25.37.
Levels Of Support And Resistance For HOMB Stock
The 24-hour chart illustrates a support level at 30.38, which if violated will result in even more drops to 30.03. On the upside, there is a resistance level at 30.92. A further resistance level may holdings at 31.11. The Relative Strength Index (RSI) on the 14-day chart is 64.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.58%. Stochastics %K at 87.28% indicates the stock is a selling.
How much short interest is there in Home Bancshares Inc?
A steep rise in short interest was recorded in Home Bancshares Inc stocks on 2024-10-31, growing by 0.16 million shares to a total of 4.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.9 million shares. There was a rise of 3.99%, which implies that there is a positive sentiment for the stock.
