Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hims & Hers Health Inc shares valued at $68,932 were sold by Chi Michael on Dec 02 ’24. At $33.56 per share, Chi Michael sold 2,054 shares. The insider’s holdings dropped to 184,947 shares worth approximately $5.84 million following the completion of this transaction.
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Also, Dudum Andrew sold 33,513 shares, netting a total of over 1,118,654 in proceeds. Following the sale of shares at $33.38 each, the insider now holds 33,502 shares.
Before that, Chi Michael had added 2,054 shares to its account. In a trade valued at $68,932, the Officer bought Hims & Hers Health Inc shares for $33.56 each.
As published in a research note from BofA Securities on November 14, 2024, Hims & Hers Health Inc [HIMS] has been rated down from a Buy to an Underperform. Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in late August. As of August 09, 2024, Imperial Capital has decreased its “an Outperform” rating to a “an In-line” for HIMS. Earlier on May 22, 2024, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for HIMS stock which previously was a “a Buy”.
Analyzing HIMS Stock Performance
During the last five days, there has been a surge of approximately 4.15%. Over the course of the year, Hims & Hers Health Inc shares have jumped approximately 255.06%. Shares of the company reached a 52-week high of $35.02 on 11/27/24 and a 52-week low of $8.09 on 01/05/24. A 50-day SMA is recorded $22.95, while a 200-day SMA reached $18.30. Nevertheless, trading volume fell to 14.17 million shares from 19.61 million shares the previous day.
Support And Resistance Levels for Hims & Hers Health Inc (HIMS)
According to the 24-hour chart, there is a support level at 30.47, which, if violated, would cause prices to drop to 29.33. In the upper region, resistance lies at 33.81. The next price resistance is at 36.01. RSI (Relative Strength Index) is 61.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.84, which suggests the price will increase in the coming days. Percent R is at 21.55%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.