In a filing, Hims & Hers Health Inc revealed its Chief Commercial Officer Chi Michael unloaded Company’s shares for reported $0.2 million on Dec 19 ’24. In the deal valued at $26.00 per share,7,500 shares were sold. As a result of this transaction, Chi Michael now holds 193,601 shares worth roughly $5.34 million.
Then, Okupe Oluyemi sold 18,959 shares, generating $488,531 in total proceeds. Upon selling the shares at $25.77, the Chief Financial Officer now owns 132,578 shares.
Before that, Oluyemi Okupe bought 69,496 shares. Hims & Hers Health Inc shares valued at $1,820,795 were divested by the Officer at a price of $26.20 per share.
Morgan Stanley initiated its Hims & Hers Health Inc [HIMS] rating to an Overweight in a research note published on December 17, 2024; the price target was $42. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “an Underperform”. Needham began covering HIMS with “Buy” recommendation on August 22, 2024. Imperial Capital revised its rating on August 09, 2024. It rated HIMS as “an In-line” which previously was an “an Outperform”.
Price Performance Review of HIMS
On Monday, Hims & Hers Health Inc [NYSE:HIMS] saw its stock jump 5.34% to $27.60. Over the last five days, the stock has lost -11.68%. Hims & Hers Health Inc shares have risen nearly 210.11% since the year began. Nevertheless, the stocks have risen 220.93% over the past one year. While a 52-week high of $35.02 was reached on 11/27/24, a 52-week low of $8.09 was recorded on 01/05/24. SMA at 50 days reached $25.73, while 200 days put it at $19.32.
Levels Of Support And Resistance For HIMS Stock
The 24-hour chart illustrates a support level at 26.63, which if violated will result in even more drops to 25.67. On the upside, there is a resistance level at 28.13. A further resistance level may holdings at 28.67. The Relative Strength Index (RSI) on the 14-day chart is 48.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.96%. Stochastics %K at 20.47% indicates the stock is a holding.
How much short interest is there in Hims & Hers Health Inc?
A steep rise in short interest was recorded in Hims & Hers Health Inc stocks on 2024-11-29, growing by 8.78 million shares to a total of 42.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 33.84 million shares. There was a rise of 20.6%, which implies that there is a positive sentiment for the stock.
