In a filing, OneMain Holdings Inc revealed its President & CEO Shulman Douglas H. unloaded Company’s shares for reported $1.08 million on Nov 12 ’24. In the deal valued at $54.19 per share,20,000 shares were sold. As a result of this transaction, Shulman Douglas H. now holds 392,474 shares worth roughly $22.53 million.
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, Shulman Douglas H. bought 20,000 shares, generating $1,084,050 in total proceeds.
Before that, Shulman Douglas H. sold 5,000 shares. OneMain Holdings Inc shares valued at $265,000 were divested by the President & CEO at a price of $53.00 per share. As a result of the transaction, Shulman Douglas H. now holds 412,474 shares, worth roughly $23.68 million.
Stephens initiated its OneMain Holdings Inc [OMF] rating to an Overweight in a research note published on November 13, 2024; the price target was $62. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Equal weight”. BTIG Research began covering OMF with “Neutral” recommendation on June 07, 2024. Piper Sandler revised its rating on February 08, 2024. It rated OMF as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of OMF
On Monday, OneMain Holdings Inc [NYSE:OMF] saw its stock jump 1.41% to $57.40. Over the last five days, the stock has gained 4.27%. OneMain Holdings Inc shares have risen nearly 16.67% since the year began. Nevertheless, the stocks have risen 49.91% over the past one year. While a 52-week high of $56.85 was reached on 11/25/24, a 52-week low of $37.93 was recorded on 09/10/24. SMA at 50 days reached $49.59, while 200 days put it at $48.81.
Levels Of Support And Resistance For OMF Stock
The 24-hour chart illustrates a support level at 56.91, which if violated will result in even more drops to 56.42. On the upside, there is a resistance level at 57.93. A further resistance level may holdings at 58.46. The Relative Strength Index (RSI) on the 14-day chart is 71.04, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.33, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.38%. Stochastics %K at 91.31% indicates the stock is a selling.
How much short interest is there in OneMain Holdings Inc?
A steep rise in short interest was recorded in OneMain Holdings Inc stocks on 2024-10-31, dropping by -0.49 million shares to a total of 4.81 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 5.3 million shares. There was a decline of -10.27%, which implies that there is a negative sentiment for the stock.
