Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hilton Grand Vacations Inc shares valued at $168,400,000 were sold by Apollo Principal Holdings A GP on Nov 25 ’24. At $42.10 per share, Apollo Principal Holdings A GP sold 4,000,000 shares. The insider’s holdings dropped to 26,295,825 shares worth approximately $1.01 billion following the completion of this transaction.
Also, AP VIII Dakota Holdings Borrow purchased 2,980,513 shares, netting a total of over 131,917,505 in proceeds.
Before that, AP Dakota Co-Invest L.P. had added 1,019,487 shares to its account. In a trade valued at $45,122,495, the 10% Owner bought Hilton Grand Vacations Inc shares for $44.26 each.
As published in their initiating research note from Morgan Stanley on January 06, 2025, Hilton Grand Vacations Inc [HGV] has been an Overweight and the price target has been revised to $47. Analysts at Barclays downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid December. As of September 18, 2024, Goldman has initiated its “Sell” rating for HGV. Earlier on August 09, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for HGV stock which previously was a “an Overweight”.
Analyzing HGV Stock Performance
During the last five days, there has been a drop of approximately -1.57%. Over the course of the year, Hilton Grand Vacations Inc shares have dropped approximately -1.57%. Shares of the company reached a 52-week high of $39.35 on 01/02/25 and a 52-week low of $37.58 on 01/03/25. A 50-day SMA is recorded $40.33, while a 200-day SMA reached $40.27. Nevertheless, trading volume fell to 1.0 million shares from 0.76 million shares the previous day.
Support And Resistance Levels for Hilton Grand Vacations Inc (HGV)
According to the 24-hour chart, there is a support level at 37.91, which, if violated, would cause prices to drop to 37.48. In the upper region, resistance lies at 38.76. The next price resistance is at 39.18. RSI (Relative Strength Index) is 41.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.49, which suggests the price will decrease in the coming days. Percent R is at 73.33%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
