In a filing, HomeStreet Inc revealed its Officer Hand Erik D acquired Company’s shares for reported $55750.0 on Dec 17 ’24. In the deal valued at $11.15 per share,5,000 shares were bought.
Then, Tompkins Sidney Craig bought 5,000 shares, generating $57,462 in total proceeds. Upon buying the shares at $11.49, the Director now owns 5,000 shares.
Before that, Parr David L sold 5,210 shares. HomeStreet Inc shares valued at $60,097 were divested by the EVP, DIR. OF COMM’L BANKING at a price of $11.53 per share. As a result of the transaction, Parr David L now holds 0 shares, worth roughly $0.0.
Wedbush upgraded its HomeStreet Inc [HMST] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Janney’s analysts, who increased its forecast for the stock in mid June from “a Neutral” to “a Buy”. Wedbush also remained covering HMST and has decreased its forecast on April 26, 2023 with a “Neutral” recommendation from previously “an Outperform” rating. Piper Sandler revised its rating on February 01, 2023. It rated HMST as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of HMST
On Tuesday, HomeStreet Inc [NASDAQ:HMST] saw its stock jump 1.12% to $10.86. Over the last five days, the stock has lost -5.30%. HomeStreet Inc shares have risen nearly 5.92% since the year began. Nevertheless, the stocks have risen 12.24% over the past one year. While a 52-week high of $16.10 was reached on 09/03/24, a 52-week low of $8.09 was recorded on 06/11/24. SMA at 50 days reached $11.91, while 200 days put it at $12.73.
Levels Of Support And Resistance For HMST Stock
The 24-hour chart illustrates a support level at 10.72, which if violated will result in even more drops to 10.59. On the upside, there is a resistance level at 10.93. A further resistance level may holdings at 11.01. The Relative Strength Index (RSI) on the 14-day chart is 40.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.43%. Stochastics %K at 17.33% indicates the stock is a buying.
How much short interest is there in HomeStreet Inc?
A steep rise in short interest was recorded in HomeStreet Inc stocks on 2024-11-29, growing by 0.25 million shares to a total of 0.52 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.27 million shares. There was a rise of 47.41%, which implies that there is a positive sentiment for the stock.
