The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Equitable Holdings Inc shares valued at $1,291,246 were sold by Lane Nick on Jan 15 ’25. At $51.65 per share, Lane Nick sold 25,000 shares. The insider’s holdings dropped to 121,629 shares worth approximately $6.27 million following the completion of this transaction.
Also, HURD JEFFREY J sold 6,666 shares, netting a total of over 364,278 in proceeds. Following the sale of shares at $54.65 each, the insider now holds 92,209 shares.
Before that, Pearson Mark had sold 30,000 shares from its account. In a trade valued at $1,549,630, the President and CEO traded Equitable Holdings Inc shares for $51.65 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $32.47 million.
As published in a research note from Deutsche Bank on January 10, 2025, Equitable Holdings Inc [EQH] has been rated up from a Hold to a Buy and the price target has been revised to $58 from $47. Analysts at Keefe Bruyette upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in early December. As of September 05, 2024, Barclays has initiated its “an Overweight” rating for EQH. Earlier on June 18, 2024, UBS downgraded its rating. Their new recommendation was “a Neutral” for EQH stock which previously was a “a Buy”.
Analyzing EQH Stock Performance
During the last five days, there has been a surge of approximately 5.16%. Over the course of the year, Equitable Holdings Inc shares have jumped approximately 9.26%. Shares of the company reached a 52-week high of $52.04 on 01/15/25 and a 52-week low of $47.30 on 01/02/25. A 50-day SMA is recorded $47.70, while a 200-day SMA reached $42.53. Nevertheless, trading volume fell to 3.08 million shares from 3.15 million shares the previous day.
Support And Resistance Levels for Equitable Holdings Inc (EQH)
According to the 24-hour chart, there is a support level at 51.05, which, if violated, would cause prices to drop to 50.56. In the upper region, resistance lies at 52.03. The next price resistance is at 52.52. RSI (Relative Strength Index) is 68.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.17, which suggests the price will increase in the coming days. Percent R is at 9.05%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
