Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hyatt Hotels Corporation shares valued at $604,140 were sold by VONDRASEK MARK R on Nov 25 ’24. At $159.99 per share, VONDRASEK MARK R sold 3,776 shares. The insider’s holdings dropped to 5,798 shares worth approximately $0.94 million following the completion of this transaction.
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Also, MARK R VONDRASEK purchased 3,776 shares, netting a total of over 604,130 in proceeds.
Before that, Udell David had sold 2,218 shares from its account. In a trade valued at $350,444, the insider traded Hyatt Hotels Corporation shares for $158.00 each. Upon closing the transaction, the insider’s holdings decreased to 2,218 shares, worth approximately $1.26 million.
As published in a research note from HSBC Securities on November 01, 2024, Hyatt Hotels Corporation [H] has been rated down from a Buy to a Hold and the price target has been revised to $156. Analysts at Goldman started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid September. As of June 21, 2024, Susquehanna has initiated its “Neutral” rating for H. Earlier on March 26, 2024, Mizuho initiated its rating. Their recommendation was “a Buy” for H stock.
Analyzing H Stock Performance
During the last five days, there has been a surge of approximately 3.43%. Over the course of the year, Hyatt Hotels Corporation shares have jumped approximately 24.08%. Shares of the company reached a 52-week high of $162.26 on 12/04/24 and a 52-week low of $124.40 on 01/16/24. A 50-day SMA is recorded $153.87, while a 200-day SMA reached $150.76. Nevertheless, trading volume fell to 0.53 million shares from 12501.0 shares the previous day.
Support And Resistance Levels for Hyatt Hotels Corporation (H)
According to the 24-hour chart, there is a support level at 158.42, which, if violated, would cause prices to drop to 155.03. In the upper region, resistance lies at 163.73. The next price resistance is at 165.66. RSI (Relative Strength Index) is 61.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.22, which suggests the price will increase in the coming days. Percent R is at 3.44%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
