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The Potential Rise in the Price of Horace Mann Educators Corp (HMN) following insiders activity

Horace Mann Educators Corp’s recently made public that its President & CEO ZURAITIS MARITA unloaded Company’s shares for reported $0.17 million on Dec 02 ’24. In the deal valued at $41.97 per share,4,000 shares were sold. As a result of this transaction, ZURAITIS MARITA now holds 300,542 shares worth roughly $11.79 million.

Then, ZURAITIS MARITA bought 4,000 shares, generating $167,880 in total proceeds.

Before that, Carley Donald M sold 5,000 shares. Horace Mann Educators Corp shares valued at $210,000 were divested by the General Counsel at a price of $42.00 per share. As a result of the transaction, Carley Donald M now holds 24,914 shares, worth roughly $0.98 million.

Keefe Bruyette downgraded its Horace Mann Educators Corp [HMN] rating to a Mkt perform from a an Outperform in a research note published on November 12, 2024; the price target was increased to $44 from $39. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in early August with a ‘”a Strong buy”‘ rating. Keefe Bruyette also remained covering HMN and has increased its forecast on January 29, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Piper Sandler revised its rating on January 25, 2023. It rated HMN as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of HMN

On Tuesday, Horace Mann Educators Corp [NYSE:HMN] saw its stock jump 0.18% to $39.23. Over the last five days, the stock has lost -0.68%. Horace Mann Educators Corp shares have risen nearly 19.97% since the year began. Nevertheless, the stocks have risen 19.97% over the past one year. While a 52-week high of $43.26 was reached on 11/06/24, a 52-week low of $31.81 was recorded on 07/05/24. SMA at 50 days reached $40.04, while 200 days put it at $36.06.

Levels Of Support And Resistance For HMN Stock

The 24-hour chart illustrates a support level at 39.04, which if violated will result in even more drops to 38.86. On the upside, there is a resistance level at 39.56. A further resistance level may holdings at 39.90. The Relative Strength Index (RSI) on the 14-day chart is 40.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.43%. Stochastics %K at 12.72% indicates the stock is a buying.

How much short interest is there in Horace Mann Educators Corp?

A steep rise in short interest was recorded in Horace Mann Educators Corp stocks on 2024-12-13, dropping by -0.1 million shares to a total of 0.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.82 million shares. There was a decline of -14.3%, which implies that there is a negative sentiment for the stock.

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