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Recent Insider Activity Suggests Potential Gains for H&R Block Inc (HRB)

H&R Block Inc’s filing revealed that its Former Officer Bowen Tony G acquired Company’s shares for reported $1.48 million on Sep 23 ’24. In the deal valued at $64.39 per share,23,025 shares were bought.

Then, Logerwell Kellie J sold 8,000 shares, generating $515,281 in total proceeds. Upon selling the shares at $64.41, the VP & Chief Acct Officer now owns 18,474 shares.

Before that, Logerwell Kellie J bought 8,000 shares. H&R Block Inc shares valued at $515,281 were divested by the Officer at a price of $64.41 per share.

Barrington Research reiterated its H&R Block Inc [HRB] rating to an Outperform in a research note published on March 10, 2021; the price target was $24. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in mid July from “a Neutral” to “a Buy”. BTIG Research also remained covering HRB and has increased its forecast on March 13, 2020 with a “Neutral” recommendation from previously “Sell” rating. Barrington Research maintained its rating on March 06, 2020. It rated HRB as “an Outperform”.

Price Performance Review of HRB

On Friday, H&R Block Inc [NYSE:HRB] saw its stock fall -1.29% to $53.62. Over the last five days, the stock has gained 1.00%. H&R Block Inc shares have risen nearly 1.48% since the year began. Nevertheless, the stocks have risen 15.36% over the past one year. While a 52-week high of $68.45 was reached on 01/08/25, a 52-week low of $42.28 was recorded on 01/03/25. SMA at 50 days reached $57.13, while 200 days put it at $55.89.

Levels Of Support And Resistance For HRB Stock

The 24-hour chart illustrates a support level at 53.15, which if violated will result in even more drops to 52.68. On the upside, there is a resistance level at 54.03. A further resistance level may holdings at 54.44. The Relative Strength Index (RSI) on the 14-day chart is 41.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.89%. Stochastics %K at 69.16% indicates the stock is a holding.

How much short interest is there in H&R Block Inc?

A steep rise in short interest was recorded in H&R Block Inc stocks on 2024-12-13, growing by 0.8 million shares to a total of 12.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 11.61 million shares. There was a rise of 6.43%, which implies that there is a positive sentiment for the stock.

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