Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hershey Company shares valued at $180,000 were sold by Voskuil Steven E on Dec 03 ’24. At $180.00 per share, Voskuil Steven E sold 1,000 shares. The insider’s holdings dropped to 30,228 shares worth approximately $5.21 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, Voskuil Steven E purchased 1,000 shares, netting a total of over 180,000 in proceeds.
Before that, Raup Charles R had added 1,000 shares to its account. In a trade valued at $170,950, the Officer bought Hershey Company shares for $170.95 each.
Analysts at Wells Fargo downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of October 22, 2024, Redburn Atlantic has initiated its “Sell” rating for HSY. Earlier on October 07, 2024, UBS downgraded its rating. Their new recommendation was “a Neutral” for HSY stock which previously was a “a Buy”.
Analyzing HSY Stock Performance
During the last five days, there has been a drop of approximately -2.56%. Over the course of the year, Hershey Company shares have dropped approximately -7.50%. Shares of the company reached a 52-week high of $211.92 on 05/14/24 and a 52-week low of $168.16 on 11/19/24. A 50-day SMA is recorded $179.51, while a 200-day SMA reached $190.38. Nevertheless, trading volume fell to 1.84 million shares from 1.83 million shares the previous day.
Support And Resistance Levels for Hershey Company (HSY)
According to the 24-hour chart, there is a support level at 171.05, which, if violated, would cause prices to drop to 169.65. In the upper region, resistance lies at 174.68. The next price resistance is at 176.91. RSI (Relative Strength Index) is 43.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.45, which suggests the price will decrease in the coming days. Percent R is at 98.37%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
