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 $22.41 million.
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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 $23.55 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 fall -0.44% to $57.10. Over the last five days, the stock has gained 0.88%. OneMain Holdings Inc shares have risen nearly 16.06% since the year began. Nevertheless, the stocks have risen 34.99% over the past one year. While a 52-week high of $57.97 was reached on 11/25/24, a 52-week low of $41.70 was recorded on 09/10/24. SMA at 50 days reached $50.24, while 200 days put it at $49.02.
Levels Of Support And Resistance For OMF Stock
The 24-hour chart illustrates a support level at 56.69, which if violated will result in even more drops to 56.28. On the upside, there is a resistance level at 57.50. A further resistance level may holdings at 57.90. The Relative Strength Index (RSI) on the 14-day chart is 67.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.19%. Stochastics %K at 80.74% 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 2024-11-15, growing by 0.71 million shares to a total of 5.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 5.2 million shares. There was a rise of 11.98%, which implies that there is a positive sentiment for the stock.
