Hanmi Financial Corp’s recently made public that its Chief Financial Officer SANTAROSA ROMOLO unloaded Company’s shares for reported $0.64 million on Nov 06 ’24. In the deal valued at $25.75 per share,25,000 shares were sold. As a result of this transaction, SANTAROSA ROMOLO now holds 63,126 shares worth roughly $1.44 million.
Then, Romolo Santarosa bought 25,000 shares, generating $643,738 in total proceeds.
Before that, SANTAROSA ROMOLO bought 1,000 shares. Hanmi Financial Corp shares valued at $16,502 were divested by the Chief Financial Officer at a price of $16.50 per share. As a result of the transaction, SANTAROSA ROMOLO now holds 52,334 shares, worth roughly $1.19 million.
Keefe Bruyette downgraded its Hanmi Financial Corp [HAFC] rating to a Mkt perform from a an Outperform in a research note published on December 04, 2024; the price target was increased to $29 from $24. A number of analysts have revised their coverage, including Janney’s analysts, who increased its forecast for the stock in mid November from “a Neutral” to “a Buy”. Piper Sandler also remained covering HAFC and has increased its forecast on October 24, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Keefe Bruyette revised its rating on October 02, 2024. It rated HAFC as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of HAFC
On Friday, Hanmi Financial Corp [NASDAQ:HAFC] saw its stock jump 0.53% to $22.74. Over the last five days, the stock has gained 6.31%. Hanmi Financial Corp shares have fallen nearly -3.73% since the year began. Nevertheless, the stocks have risen 25.91% over the past one year. While a 52-week high of $27.59 was reached on 01/02/25, a 52-week low of $14.45 was recorded on 01/10/25. SMA at 50 days reached $24.63, while 200 days put it at $19.49.
Levels Of Support And Resistance For HAFC Stock
The 24-hour chart illustrates a support level at 22.37, which if violated will result in even more drops to 22.00. On the upside, there is a resistance level at 23.00. A further resistance level may holdings at 23.27. The Relative Strength Index (RSI) on the 14-day chart is 43.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.74%. Stochastics %K at 58.00% indicates the stock is a holding.
How much short interest is there in Hanmi Financial Corp?
A steep rise in short interest was recorded in Hanmi Financial Corp stocks on 2024-12-31, dropping by -0.26 million shares to a total of 0.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.61 million shares. There was a decline of -72.42%, which implies that there is a negative sentiment for the stock.
