The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Horace Mann Educators Corp shares valued at $108,052 were sold by McClure Beverley J. on Jan 06 ’25. At $38.36 per share, McClure Beverley J. sold 2,817 shares. The insider’s holdings dropped to 16,352 shares worth approximately $0.62 million following the completion of this transaction.
Also, BEVERLEY MCCLURE purchased 2,817 shares, netting a total of over 109,835 in proceeds.
Before that, ZURAITIS MARITA had sold 4,000 shares from its account. In a trade valued at $157,600, the President & CEO traded Horace Mann Educators Corp shares for $39.40 each. Upon closing the transaction, the insider’s holdings decreased to 4,000 shares, worth approximately $11.26 million.
As published in a research note from Keefe Bruyette on November 12, 2024, Horace Mann Educators Corp [HMN] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $44 from $39. Analysts at Raymond James started covering the stock with ‘”a Strong buy”‘ outlook in a report released in early August. As of January 29, 2024, Keefe Bruyette has increased its “Mkt perform” rating to a “an Outperform” for HMN. Earlier on January 25, 2023, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for HMN stock which previously was a “an Overweight”.
Analyzing HMN Stock Performance
During the last five days, there has been a drop of approximately -3.75%. Over the course of the year, Horace Mann Educators Corp shares have dropped approximately -3.75%. Shares of the company reached a 52-week high of $39.48 on 01/02/25 and a 52-week low of $37.35 on 01/08/25. A 50-day SMA is recorded $40.17, while a 200-day SMA reached $36.13. Nevertheless, trading volume fell to 0.11 million shares from 0.21 million shares the previous day.
Support And Resistance Levels for Horace Mann Educators Corp (HMN)
According to the 24-hour chart, there is a support level at 37.40, which, if violated, would cause prices to drop to 37.04. In the upper region, resistance lies at 38.07. The next price resistance is at 38.38. RSI (Relative Strength Index) is 32.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.13, which suggests the price will decrease in the coming days. Percent R is at 87.87%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
