Hancock Whitney Corp’s recent filing unveils that its President & CEO HAIRSTON JOHN M unloaded Company’s shares for reported $1.07 million on Nov 07 ’24. In the deal valued at $59.44 per share,18,000 shares were sold. As a result of this transaction, HAIRSTON JOHN M now holds 254,026 shares worth roughly $13.87 million.
Then, HAIRSTON JOHN M bought 18,000 shares, generating $1,096,200 in total proceeds.
Before that, PICKERING CHRISTINE L sold 763 shares. Hancock Whitney Corp shares valued at $39,981 were divested by the Director at a price of $52.40 per share. As a result of the transaction, PICKERING CHRISTINE L now holds 23,518 shares, worth roughly $1.28 million.
Stephens upgraded its Hancock Whitney Corp [HWC] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in mid July has reiterated a ‘”an Outperform”‘ rating for it. Keefe Bruyette also remained covering HWC and has increased its forecast on May 31, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Citigroup revised its rating on April 17, 2024. It rated HWC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of HWC
On Friday, Hancock Whitney Corp [NASDAQ:HWC] saw its stock fall -1.85% to $54.60. Over the last five days, the stock has gained 1.07%. Hancock Whitney Corp shares have fallen nearly -0.22% since the year began. Nevertheless, the stocks have risen 17.12% over the past one year. While a 52-week high of $62.40 was reached on 01/06/25, a 52-week low of $41.19 was recorded on 01/03/25. SMA at 50 days reached $56.85, while 200 days put it at $50.71.
Levels Of Support And Resistance For HWC Stock
The 24-hour chart illustrates a support level at 53.84, which if violated will result in even more drops to 53.08. On the upside, there is a resistance level at 55.09. A further resistance level may holdings at 55.58. The Relative Strength Index (RSI) on the 14-day chart is 43.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.01%. Stochastics %K at 58.05% indicates the stock is a holding.
How much short interest is there in Hancock Whitney Corp?
A steep rise in short interest was recorded in Hancock Whitney Corp stocks on 2024-12-13, dropping by -0.28 million shares to a total of 2.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.65 million shares. There was a decline of -12.01%, which implies that there is a negative sentiment for the stock.
