The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Helix Energy Solutions Group Inc shares valued at $3,558,199 were sold by KRATZ OWEN E on Oct 03 ’24. At $11.92 per share, KRATZ OWEN E sold 298,419 shares. The insider’s holdings dropped to 7,171,860 shares worth approximately $80.25 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, KRATZ OWEN E purchased 298,419 shares, netting a total of over 3,558,204 in proceeds.
Before that, Glassman Diana had sold 2,864 shares from its account. In a trade valued at $30,058, the Director traded Helix Energy Solutions Group Inc shares for $10.49 each. Upon closing the transaction, the insider’s holdings decreased to 2,864 shares, worth approximately $0.47 million.
As published in a research note from BTIG Research on October 24, 2024, Helix Energy Solutions Group Inc [HLX] has been rated down from a Buy to a Neutral. Analysts at Raymond James started covering the stock with ‘”a Strong buy”‘ outlook in a report released in mid September. As of October 26, 2022, BTIG Research has increased its “Neutral” rating to a “Buy” for HLX. Earlier on July 27, 2022, Evercore ISI upgraded its rating. Their new recommendation was “an Outperform” for HLX stock which previously was a “an In-line”.
Analyzing HLX Stock Performance
During the last five days, there has been a surge of approximately 8.54%. Over the course of the year, Helix Energy Solutions Group Inc shares have jumped approximately 8.85%. Shares of the company reached a 52-week high of $13.05 on 07/17/24 and a 52-week low of $8.91 on 02/29/24. A 50-day SMA is recorded $10.20, while a 200-day SMA reached $10.70. Nevertheless, trading volume fell to 1.16 million shares from 1.18 million shares the previous day.
Support And Resistance Levels for Helix Energy Solutions Group Inc (HLX)
According to the 24-hour chart, there is a support level at 11.00, which, if violated, would cause prices to drop to 10.80. In the upper region, resistance lies at 11.32. The next price resistance is at 11.44. RSI (Relative Strength Index) is 66.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.58, which suggests the price will decrease in the coming days. Percent R is at 2.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
