Hershey Company’s recently made public that its Former Officer Raup Charles R acquired Company’s shares for reported $0.16 million on Jan 13 ’25. In the deal valued at $159.17 per share,1,000 shares were bought.
Then, Voskuil Steven E sold 1,000 shares, generating $180,000 in total proceeds. Upon selling the shares at $180.00, the SVP, Chief Financial Officer now owns 30,228 shares.
Before that, Voskuil Steven E bought 1,000 shares. Hershey Company shares valued at $180,000 were divested by the Officer at a price of $180.00 per share.
Mizuho reiterated its Hershey Company [HSY] rating to a Neutral in a research note published on December 23, 2024; the price target was $170. Wells Fargo also remained covering HSY and has decreased its forecast on December 12, 2024 with a “an Underweight” recommendation from previously “an Equal weight” rating. Redburn Atlantic started covering the stock on October 22, 2024. It rated HSY as “a Sell”.
Price Performance Review of HSY
On Tuesday, Hershey Company [NYSE:HSY] saw its stock fall -1.25% to $155.31. Over the last five days, the stock has lost -6.85%. Hershey Company shares have fallen nearly -8.29% since the year began. Nevertheless, the stocks have fallen -18.43% over the past one year. While a 52-week high of $211.92 was reached on 01/02/25, a 52-week low of $156.10 was recorded on 01/14/25. SMA at 50 days reached $173.96, while 200 days put it at $188.03.
Levels Of Support And Resistance For HSY Stock
The 24-hour chart illustrates a support level at 154.09, which if violated will result in even more drops to 152.87. On the upside, there is a resistance level at 156.90. A further resistance level may holdings at 158.49. The Relative Strength Index (RSI) on the 14-day chart is 27.89, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.23%. Stochastics %K at 8.31% indicates the stock is a buying.
How much short interest is there in Hershey Company?
A steep rise in short interest was recorded in Hershey Company stocks on 2024-12-31, dropping by -0.51 million shares to a total of 6.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 7.47 million shares. There was a decline of -7.34%, which implies that there is a negative sentiment for the stock.
