Hilton Grand Vacations Inc’s filing revealed that its 10% Owner Apollo Principal Holdings A GP unloaded Company’s shares for reported $168.4 million on Nov 25 ’24. In the deal valued at $42.10 per share,4,000,000 shares were sold. As a result of this transaction, Apollo Principal Holdings A GP now holds 26,295,825 shares worth roughly $1.0 billion.
Then, AP VIII Dakota Holdings Borrow bought 2,980,513 shares, generating $131,917,505 in total proceeds.
Before that, AP Dakota Co-Invest L.P. bought 1,019,487 shares. Hilton Grand Vacations Inc shares valued at $45,122,495 were divested by the 10% Owner at a price of $44.26 per share.
Morgan Stanley initiated its Hilton Grand Vacations Inc [HGV] rating to an Overweight in a research note published on January 06, 2025; the price target was $47. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “an Equal weight”. Goldman began covering HGV with “Sell” recommendation on September 18, 2024. JP Morgan revised its rating on August 09, 2024. It rated HGV as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of HGV
On Monday, Hilton Grand Vacations Inc [NYSE:HGV] saw its stock jump 0.29% to $38.15. Over the last five days, the stock has gained 1.33%. Hilton Grand Vacations Inc shares have fallen nearly -2.05% since the year began. Nevertheless, the stocks have fallen -7.85% over the past one year. While a 52-week high of $49.02 was reached on 01/02/25, a 52-week low of $33.21 was recorded on 01/10/25. SMA at 50 days reached $40.32, while 200 days put it at $40.18.
Levels Of Support And Resistance For HGV Stock
The 24-hour chart illustrates a support level at 37.78, which if violated will result in even more drops to 37.42. On the upside, there is a resistance level at 38.35. A further resistance level may holdings at 38.56. The Relative Strength Index (RSI) on the 14-day chart is 40.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.71%. Stochastics %K at 24.32% indicates the stock is a holding.
How much short interest is there in Hilton Grand Vacations Inc?
A steep rise in short interest was recorded in Hilton Grand Vacations Inc stocks on 2024-12-31, growing by 10163.0 shares to a total of 6.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.38 million shares. There was a rise of 0.16%, which implies that there is a positive sentiment for the stock.
