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. HNI Corp shares valued at $75,058 were purchased by Meade Donna D on Nov 11 ’24. At $56.06 per share, Meade Donna D acquired 1,339 shares.
Also, Meade Donna D purchased 7,441 shares, netting a total of over 410,715 in proceeds.
Before that, Meade Donna D had added 801 shares to its account. In a trade valued at $44,063, the Former Officer bought HNI Corp shares for $55.01 each.
Analysts at Sidoti upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early March. As of August 01, 2022, Sidoti has decreased its “Buy” rating to a “Neutral” for HNI. Earlier on March 08, 2021, Sidoti upgraded its rating. Their new recommendation was “a Buy” for HNI stock which previously was a “a Neutral”.
Analyzing HNI Stock Performance
During the last five days, there has been a surge of approximately 1.77%. Over the course of the year, HNI Corp shares have jumped approximately 34.52%. Shares of the company reached a 52-week high of $58.42 on 11/25/24 and a 52-week low of $39.95 on 01/17/24. A 50-day SMA is recorded $53.51, while a 200-day SMA reached $48.18. Nevertheless, trading volume fell to 0.23 million shares from 0.23 million shares the previous day.
Support And Resistance Levels for HNI Corp (HNI)
According to the 24-hour chart, there is a support level at 55.84, which, if violated, would cause prices to drop to 55.42. In the upper region, resistance lies at 57.10. The next price resistance is at 57.94. RSI (Relative Strength Index) is 59.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.12, which suggests the price will increase in the coming days. Percent R is at 49.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
