Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. WhiteHorse Finance Inc shares valued at $145,486 were purchased by BOLDUC JOHN on Aug 12 ’24. At $11.48 per share, BOLDUC JOHN acquired 12,673 shares. The insider’s holdings grew to 224,326 shares worth approximately $2.22 million following the completion of this transaction.
Also, BOLDUC JOHN purchased 4,717 shares, netting a total of over 54,246 in proceeds. Following the buying of shares at $11.50 each, the insider now holds 226,705 shares.
Before that, MNAYMNEH SAMI had sold 1,000,000 shares from its account. In a trade valued at $12,150,000, the 10% Owner traded WhiteHorse Finance Inc shares for $12.15 each. Upon closing the transaction, the insider’s holdings decreased to 1,000,000 shares, worth approximately $39.4 million.
As published in a research note from Oppenheimer on November 11, 2024, WhiteHorse Finance Inc [WHF] has been rated down from an Outperform to a Perform. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early November. As of January 08, 2024, B. Riley Securities has decreased its “Buy” rating to a “Neutral” for WHF. Earlier on August 09, 2023, Ladenburg Thalmann downgraded its rating. Their new recommendation was “a Neutral” for WHF stock which previously was a “a Buy”.
Analyzing WHF Stock Performance
During the last five days, there has been a surge of approximately 2.38%. Over the course of the year, WhiteHorse Finance Inc shares have jumped approximately 2.38%. Shares of the company reached a 52-week high of $10.09 on 01/03/25 and a 52-week low of $9.73 on 01/08/25. A 50-day SMA is recorded $10.61, while a 200-day SMA reached $11.83. Nevertheless, trading volume fell to 0.1 million shares from 61900.0 shares the previous day.
Support And Resistance Levels for WhiteHorse Finance Inc (WHF)
According to the 24-hour chart, there is a support level at 9.76, which, if violated, would cause prices to drop to 9.62. In the upper region, resistance lies at 10.02. The next price resistance is at 10.13. RSI (Relative Strength Index) is 42.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.02, which suggests the price will decrease in the coming days. Percent R is at 64.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
