Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Heartland Financial USA, Inc shares valued at $29,047 were sold by Frank Mark A on Nov 22 ’24. At $67.24 per share, Frank Mark A sold 432 shares. The insider’s holdings dropped to 1,060 shares worth approximately $71783.2 following the completion of this transaction.
Also, Hopkins Jennifer K sold 1,189 shares, netting a total of over 79,128 in proceeds. Following the sale of shares at $66.55 each, the insider now holds 12,774 shares.
Before that, Hopkins Jennifer K had added 7,000 shares to its account. In a trade valued at $462,490, the Director bought Heartland Financial USA, Inc shares for $66.07 each.
As published in a research note from Keefe Bruyette on May 31, 2024, Heartland Financial USA, Inc [HTLF] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $54. Analysts at Raymond James upgraded the stock from ‘”a Mkt perform”‘ to ‘”a Strong buy”‘ outlook in a report released in late February. As of December 13, 2022, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for HTLF. Earlier on October 06, 2022, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for HTLF stock which previously was a “a Buy”.
Analyzing HTLF Stock Performance
During the last five days, there has been a surge of approximately 4.51%. Over the course of the year, Heartland Financial USA, Inc shares have jumped approximately 80.06%. Shares of the company reached a 52-week high of $70.27 on 11/25/24 and a 52-week low of $32.03 on 02/13/24. A 50-day SMA is recorded $60.57, while a 200-day SMA reached $47.61. Nevertheless, trading volume fell to 0.14 million shares from 0.2 million shares the previous day.
Support And Resistance Levels for Heartland Financial USA, Inc (HTLF)
According to the 24-hour chart, there is a support level at 67.19, which, if violated, would cause prices to drop to 66.65. In the upper region, resistance lies at 68.61. The next price resistance is at 69.49. RSI (Relative Strength Index) is 62.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.45, which suggests the price will increase in the coming days. Percent R is at 35.66%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
