Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hillman Solutions Corp shares valued at $773,458 were sold by Ride Scott on Nov 18 ’24. At $10.66 per share, Ride Scott sold 72,523 shares. The insider’s holdings dropped to 70,369 shares worth approximately $0.79 million following the completion of this transaction.
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Also, Ride Scott purchased 72,523 shares, netting a total of over 773,437 in proceeds.
Before that, FAGUNDO RANDALL J had added 47,969 shares to its account. In a trade valued at $504,850, the Former Officer bought Hillman Solutions Corp shares for $10.52 each.
As published in a research note from Barclays on December 13, 2023, Hillman Solutions Corp [HLMN] has been rated down from an Overweight to an Equal weight and the price target has been revised to $9. Analysts at Canaccord Genuity started covering the stock with ‘”a Buy”‘ outlook in a report released in mid July. As of May 31, 2023, Imperial Capital has initiated its “an Outperform” rating for HLMN.
Analyzing HLMN Stock Performance
During the last five days, there has been a surge of approximately 4.55%. Over the course of the year, Hillman Solutions Corp shares have jumped approximately 22.37%. Shares of the company reached a 52-week high of $12.08 on 11/06/24 and a 52-week low of $8.43 on 06/25/24. A 50-day SMA is recorded $10.70, while a 200-day SMA reached $9.82. Nevertheless, trading volume fell to 0.56 million shares from 1.2 million shares the previous day.
Support And Resistance Levels for Hillman Solutions Corp (HLMN)
According to the 24-hour chart, there is a support level at 11.17, which, if violated, would cause prices to drop to 11.07. In the upper region, resistance lies at 11.34. The next price resistance is at 11.40. RSI (Relative Strength Index) is 58.39 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.26, which suggests the price will decrease in the coming days. Percent R is at 35.10%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
