The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Halliburton Co shares valued at $367,500 were sold by Beckwith Van H. on Jul 18 ’24. At $36.75 per share, Beckwith Van H. sold 10,000 shares. The insider’s holdings dropped to 273,908 shares worth approximately $7.16 million following the completion of this transaction.
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, Geer Charles Jr. sold 3,000 shares, netting a total of over 114,000 in proceeds. Following the sale of shares at $38.00 each, the insider now holds 97,084 shares.
Before that, Sharp Jill D. had sold 6,933 shares from its account. In a trade valued at $263,454, the SVP Internal Assurance Svcs. traded Halliburton Co shares for $38.00 each. Upon closing the transaction, the insider’s holdings decreased to 6,933 shares, worth approximately $0.87 million.
As published in a research note from Barclays on December 18, 2024, Halliburton Co [HAL] has been rated down from an Overweight to an Equal weight and the price target has been revised to $33 from $43. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of September 13, 2024, RBC Capital Mkts has decreased its “an Outperform” rating to a “Sector perform” for HAL. Earlier on July 22, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for HAL stock.
Analyzing HAL Stock Performance
During the last five days, there has been a drop of approximately -10.45%. Over the course of the year, Halliburton Co shares have dropped approximately -27.66%. Shares of the company reached a 52-week high of $41.56 on 04/08/24 and a 52-week low of $26.11 on 12/18/24. A 50-day SMA is recorded $29.51, while a 200-day SMA reached $33.21. Nevertheless, trading volume fell to 10.9 million shares from 12.72 million shares the previous day.
Support And Resistance Levels for Halliburton Co (HAL)
According to the 24-hour chart, there is a support level at 25.74, which, if violated, would cause prices to drop to 25.34. In the upper region, resistance lies at 26.93. The next price resistance is at 27.71. RSI (Relative Strength Index) is 23.47 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.26, which suggests the price will decrease in the coming days. Percent R is at 99.42%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
