Hims & Hers Health Inc’s recent filing unveils that its Officer Chi Michael acquired Company’s shares for reported $50594.0 on Jan 02 ’25. In the deal valued at $24.62 per share,2,055 shares were bought.
Then, Okupe Oluyemi sold 4,213 shares, generating $126,318 in total proceeds. Upon selling the shares at $29.98, the Chief Financial Officer now owns 128,365 shares.
Before that, Chi Michael sold 17,303 shares. Hims & Hers Health Inc shares valued at $483,965 were divested by the Chief Commercial Officer at a price of $27.97 per share. As a result of the transaction, Chi Michael now holds 193,601 shares, worth roughly $5.16 million.
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 Friday, Hims & Hers Health Inc [NYSE:HIMS] saw its stock jump 5.67% to $26.63. Over the last five days, the stock has lost -6.53%. Hims & Hers Health Inc shares have risen nearly 10.13% since the year began. Nevertheless, the stocks have risen 194.25% over the past one year. While a 52-week high of $35.02 was reached on 01/03/25, a 52-week low of $8.09 was recorded on 01/02/25. SMA at 50 days reached $26.30, while 200 days put it at $19.72.
Levels Of Support And Resistance For HIMS Stock
The 24-hour chart illustrates a support level at 25.54, which if violated will result in even more drops to 24.45. On the upside, there is a resistance level at 27.24. A further resistance level may holdings at 27.84. The Relative Strength Index (RSI) on the 14-day chart is 47.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.09%. Stochastics %K at 13.58% indicates the stock is a buying.
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 2024-12-13, growing by 3.45 million shares to a total of 42.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 39.52 million shares. There was a rise of 8.04%, which implies that there is a positive sentiment for the stock.
