Marinemax, Inc’s recent filing unveils that its EVP & Chief Revenue Officer Cashman Charles A unloaded Company’s shares for reported $0.4 million on Nov 07 ’24. In the deal valued at $32.08 per share,12,500 shares were sold. As a result of this transaction, Cashman Charles A now holds 67,114 shares worth roughly $1.92 million.
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
Then, Cashman Charles A bought 12,500 shares, generating $402,500 in total proceeds.
Before that, Moore Clint sold 2,500 shares. Marinemax, Inc shares valued at $75,075 were divested by the Director at a price of $30.03 per share. As a result of the transaction, Moore Clint now holds 18,044 shares, worth roughly $0.51 million.
The Benchmark Company initiated its Marinemax, Inc [HZO] rating to a Buy in a research note published on October 15, 2024; the price target was $40. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early September from “a Neutral” to “a Buy”. B. Riley Securities also remained covering HZO and has increased its forecast on October 23, 2023 with a “Buy” recommendation from previously “Neutral” rating. B. Riley Securities revised its rating on July 28, 2023. It rated HZO as “a Neutral” which previously was an “a Buy”.
Price Performance Review of HZO
On Tuesday, Marinemax, Inc [NYSE:HZO] saw its stock jump 1.03% to $28.54. Over the last five days, the stock has lost -8.14%. Marinemax, Inc shares have fallen nearly -26.63% since the year began. Nevertheless, the stocks have fallen -23.01% over the past one year. While a 52-week high of $39.85 was reached on 01/02/24, a 52-week low of $22.51 was recorded on 04/25/24. SMA at 50 days reached $30.79, while 200 days put it at $30.94.
Levels Of Support And Resistance For HZO Stock
The 24-hour chart illustrates a support level at 27.95, which if violated will result in even more drops to 27.35. On the upside, there is a resistance level at 28.94. A further resistance level may holdings at 29.34. The Relative Strength Index (RSI) on the 14-day chart is 39.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.17%. Stochastics %K at 5.44% indicates the stock is a buying.
How much short interest is there in Marinemax, Inc?
A steep rise in short interest was recorded in Marinemax, Inc stocks on 2024-11-29, dropping by 903.0 shares to a total of 1.68 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.68 million shares. There was a decline of -0.05%, which implies that there is a negative sentiment for the stock.
