Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Honest Company Inc shares valued at $748,551 were purchased by Sheehey Brendan on Nov 27 ’24. At $8.12 per share, Sheehey Brendan acquired 92,138 shares.
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, Turner Andrea sold 25,000 shares, netting a total of over 212,250 in proceeds. Following the sale of shares at $8.49 each, the insider now holds 200,136 shares.
Before that, Andrea Turner had added 25,000 shares to its account. In a trade valued at $212,246, the Director bought Honest Company Inc shares for $8.49 each.
As published in a research note from Telsey Advisory Group on November 13, 2024, Honest Company Inc [HNST] has been retained to a Market perform and the price target has been revised to $6. Analysts at Alliance Global Partners resumed the stock at ‘”a Buy”‘ outlook in a report released in mid November. As of September 10, 2024, B. Riley Securities has initiated its “Buy” rating for HNST. Earlier on August 06, 2024, Northland Capital initiated its rating. Their recommendation was “an Outperform” for HNST stock.
Analyzing HNST Stock Performance
During the last five days, there has been a surge of approximately 12.83%. Over the course of the year, Honest Company Inc shares have jumped approximately 147.88%. Shares of the company reached a 52-week high of $8.97 on 11/25/24 and a 52-week low of $2.40 on 06/24/24. A 50-day SMA is recorded $4.59, while a 200-day SMA reached $3.72. Nevertheless, trading volume fell to 3.02 million shares from 7.21 million shares the previous day.
Support And Resistance Levels for Honest Company Inc (HNST)
According to the 24-hour chart, there is a support level at 7.98, which, if violated, would cause prices to drop to 7.77. In the upper region, resistance lies at 8.44. The next price resistance is at 8.69. RSI (Relative Strength Index) is 82.75 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.49, which suggests the price will increase in the coming days. Percent R is at 16.42%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
