Heritage Insurance Holdings Inc’s recently made public that its Director Pappas Nicholas George unloaded Company’s shares for reported $50550.0 on Nov 22 ’24. In the deal valued at $12.64 per share,4,000 shares were sold. As a result of this transaction, Pappas Nicholas George now holds 76,314 shares worth roughly $0.85 million.
Then, Garateix Ernie J bought 3,950 shares, generating $49,494 in total proceeds. Upon buying the shares at $12.53, the Chief Executive Officer now owns 1,076,534 shares.
Before that, WIDDICOMBE RICHARD A bought 4,437 shares. Heritage Insurance Holdings Inc shares valued at $64,558 were divested by the Chairman at a price of $14.55 per share. As a result of the transaction, WIDDICOMBE RICHARD A now holds 696,497 shares, worth roughly $7.75 million.
Piper Sandler upgraded its Heritage Insurance Holdings Inc [HRTG] rating to an Overweight from a a Neutral in a research note published on August 09, 2024; the price target was increased to $13 from $9. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in mid March from “a Mkt outperform” to “a Mkt perform”. Piper Sandler also remained covering HRTG and has decreased its forecast on February 13, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Piper Sandler revised its rating on April 06, 2020. It rated HRTG as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of HRTG
On Friday, Heritage Insurance Holdings Inc [NYSE:HRTG] saw its stock fall -0.98% to $11.13. Over the last five days, the stock has gained 2.49%. Heritage Insurance Holdings Inc shares have fallen nearly -8.02% since the year began. Nevertheless, the stocks have risen 75.55% over the past one year. While a 52-week high of $16.90 was reached on 01/03/25, a 52-week low of $5.51 was recorded on 01/13/25. SMA at 50 days reached $11.96, while 200 days put it at $10.71.
Levels Of Support And Resistance For HRTG Stock
The 24-hour chart illustrates a support level at 10.95, which if violated will result in even more drops to 10.77. On the upside, there is a resistance level at 11.45. A further resistance level may holdings at 11.77. The Relative Strength Index (RSI) on the 14-day chart is 41.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.14%. Stochastics %K at 25.64% indicates the stock is a holding.
How much short interest is there in Heritage Insurance Holdings Inc?
A steep rise in short interest was recorded in Heritage Insurance Holdings Inc stocks on 2024-12-31, dropping by 47821.0 shares to a total of 0.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.84 million shares. There was a decline of -6.02%, which implies that there is a negative sentiment for the stock.
