Herc Holdings Inc’s recent filing unveils that its Officer Peres Tamir acquired Company’s shares for reported $0.91 million on Nov 25 ’24. In the deal valued at $226.47 per share,4,026 shares were bought.
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Then, Silber Lawrence Harris sold 45,816 shares, generating $10,877,199 in total proceeds. Upon selling the shares at $237.41, the President & CEO now owns 167,566 shares.
Before that, Silber Lawrence Harris bought 45,816 shares. Herc Holdings Inc shares valued at $10,766,760 were divested by the Officer at a price of $235.00 per share.
JP Morgan initiated its Herc Holdings Inc [HRI] rating to a Neutral in a research note published on June 07, 2024; the price target was $155. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “a Sector weight”. BofA Securities also remained covering HRI and has decreased its forecast on July 21, 2023 with a “an Underperform” recommendation from previously “Buy” rating. Wells Fargo started covering the stock on March 11, 2022. It rated HRI as “an Overweight”.
Price Performance Review of HRI
On Monday, Herc Holdings Inc [NYSE:HRI] saw its stock fall -4.24% to $199.00. Over the last five days, the stock has lost -13.13%. Herc Holdings Inc shares have risen nearly 33.66% since the year began. Nevertheless, the stocks have risen 34.74% over the past one year. While a 52-week high of $246.88 was reached on 11/06/24, a 52-week low of $124.70 was recorded on 07/09/24. SMA at 50 days reached $207.69, while 200 days put it at $162.42.
Levels Of Support And Resistance For HRI Stock
The 24-hour chart illustrates a support level at 194.90, which if violated will result in even more drops to 190.81. On the upside, there is a resistance level at 206.36. A further resistance level may holdings at 213.73. The Relative Strength Index (RSI) on the 14-day chart is 32.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.83%. Stochastics %K at 4.16% indicates the stock is a buying.
How much short interest is there in Herc Holdings Inc?
A steep rise in short interest was recorded in Herc Holdings Inc stocks on 2024-11-29, dropping by -0.32 million shares to a total of 0.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.99 million shares. There was a decline of -47.09%, which implies that there is a negative sentiment for the stock.