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Investing in HF Sinclair Corp (DINO) Is Getting More Attractive

HF Sinclair Corp’s recent filing unveils that its EVP and CFO Atanasov Atanas H acquired Company’s shares for reported $0.17 million on Dec 19 ’24. In the deal valued at $33.77 per share,5,000 shares were bought. As a result of this transaction, Atanasov Atanas H now holds 78,927 shares worth roughly $2.73 million.

Then, Knocke R Craig bought 5,000 shares, generating $180,746 in total proceeds. Upon buying the shares at $36.15, the Director now owns 30,410 shares.

Before that, Atanasov Atanas H bought 7,000 shares. HF Sinclair Corp shares valued at $265,705 were divested by the EVP and CFO at a price of $37.96 per share. As a result of the transaction, Atanasov Atanas H now holds 71,927 shares, worth roughly $2.49 million.

TD Cowen reiterated its HF Sinclair Corp [DINO] rating to a Hold in a research note published on December 18, 2024; the price target was $35. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “an Equal weight”. Wolfe Research began covering DINO with “Peer perform” recommendation on July 18, 2024. BofA Securities revised its rating on March 15, 2024. It rated DINO as “a Buy” which previously was an “a Neutral”.

Price Performance Review of DINO

On Monday, HF Sinclair Corp [NYSE:DINO] saw its stock fall -1.59% to $34.65. Over the last five days, the stock has gained 1.23%. HF Sinclair Corp shares have fallen nearly -1.14% since the year began. Nevertheless, the stocks have fallen -36.31% over the past one year. While a 52-week high of $64.16 was reached on 01/06/25, a 52-week low of $33.47 was recorded on 01/03/25. SMA at 50 days reached $39.19, while 200 days put it at $48.42.

Levels Of Support And Resistance For DINO Stock

The 24-hour chart illustrates a support level at 34.18, which if violated will result in even more drops to 33.70. On the upside, there is a resistance level at 35.51. A further resistance level may holdings at 36.36. The Relative Strength Index (RSI) on the 14-day chart is 32.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.22%. Stochastics %K at 33.84% indicates the stock is a holding.

How much short interest is there in HF Sinclair Corp?

A steep rise in short interest was recorded in HF Sinclair Corp stocks on 2024-12-13, growing by 0.76 million shares to a total of 7.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.42 million shares. There was a rise of 10.62%, which implies that there is a positive sentiment for the stock.

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