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Recent Insider Activity Suggests Potential Gains for Robert Half Inc (RHI)

In a filing, Robert Half Inc revealed its Director Kempthorne Dirk A unloaded Company’s shares for reported $76729.0 on Nov 26 ’24. In the deal valued at $74.35 per share,1,032 shares were sold. As a result of this transaction, Kempthorne Dirk A now holds 12,310 shares worth roughly $0.85 million.

Then, Dirk A. Kempthorne bought 1,032 shares, generating $76,058 in total proceeds.

Before that, Kempthorne Dirk A sold 1,300 shares. Robert Half Inc shares valued at $82,015 were divested by the Director at a price of $63.09 per share. As a result of the transaction, Kempthorne Dirk A now holds 13,342 shares, worth roughly $0.92 million.

Barclays upgraded its Robert Half Inc [RHI] rating to an Equal weight from a an Underweight in a research note published on January 03, 2025; the price target was increased to $80 from $60. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “an Underperform”. Truist also remained covering RHI and has increased its forecast on December 13, 2024 with a “Buy” recommendation from previously “Hold” rating. Exane BNP Paribas revised its rating on June 11, 2024. It rated RHI as “an Outperform” which previously was an “an Underperform”.

Price Performance Review of RHI

On Tuesday, Robert Half Inc [NYSE:RHI] saw its stock jump 2.48% to $68.66. Over the last five days, the stock has lost -1.14%. Robert Half Inc shares have fallen nearly -2.55% since the year began. Nevertheless, the stocks have fallen -15.00% over the past one year. While a 52-week high of $83.25 was reached on 01/02/25, a 52-week low of $57.05 was recorded on 01/13/25. SMA at 50 days reached $72.51, while 200 days put it at $67.81.

Levels Of Support And Resistance For RHI Stock

The 24-hour chart illustrates a support level at 67.58, which if violated will result in even more drops to 66.51. On the upside, there is a resistance level at 69.21. A further resistance level may holdings at 69.77. The Relative Strength Index (RSI) on the 14-day chart is 43.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.75%. Stochastics %K at 28.09% indicates the stock is a holding.

How much short interest is there in Robert Half Inc?

A steep rise in short interest was recorded in Robert Half Inc stocks on 2024-12-31, dropping by -0.23 million shares to a total of 6.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 7.13 million shares. There was a decline of -3.41%, which implies that there is a negative sentiment for the stock.

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