In a filing, H&E Equipment Services Inc revealed its CEO Barber Bradley W unloaded Company’s shares for reported $0.79 million on Mar 26 ’24. In the deal valued at $63.44 per share,12,425 shares were sold. As a result of this transaction, Barber Bradley W now holds 196,653 shares worth roughly $17.76 million.
Then, Barber Bradley W sold 11,483 shares, generating $728,252 in total proceeds. Upon selling the shares at $63.42, the CEO now owns 210,170 shares.
Before that, Barber Bradley W sold 1,092 shares. H&E Equipment Services Inc shares valued at $69,255 were divested by the CEO at a price of $63.42 per share. As a result of the transaction, Barber Bradley W now holds 209,078 shares, worth roughly $18.88 million.
KeyBanc Capital Markets initiated its H&E Equipment Services Inc [HEES] rating to a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in late June with a ‘”a Mkt perform”‘ rating. B. Riley Securities began covering HEES with “Buy” recommendation on December 13, 2022. Wells Fargo started covering the stock on March 11, 2022. It rated HEES as “an Overweight”.
Price Performance Review of HEES
On Tuesday, H&E Equipment Services Inc [NASDAQ:HEES] saw its stock jump 105.48% to $90.29. Over the last five days, the stock has gained 88.22%. H&E Equipment Services Inc shares have risen nearly 84.42% since the year began. Nevertheless, the stocks have risen 86.63% over the past one year. While a 52-week high of $66.18 was reached on 01/14/25, a 52-week low of $40.92 was recorded on 01/13/25. SMA at 50 days reached $55.08, while 200 days put it at $51.02.
Levels Of Support And Resistance For HEES Stock
The 24-hour chart illustrates a support level at 90.11, which if violated will result in even more drops to 89.94. On the upside, there is a resistance level at 90.56. A further resistance level may holdings at 90.84. The Relative Strength Index (RSI) on the 14-day chart is 84.67, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.78%. Stochastics %K at 37.96% indicates the stock is a holding.
How much short interest is there in H&E Equipment Services Inc?
A steep rise in short interest was recorded in H&E Equipment Services Inc stocks on 2024-12-31, growing by 0.17 million shares to a total of 1.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.15 million shares. There was a rise of 12.83%, which implies that there is a positive sentiment for the stock.
