Holley Inc’s recently made public that its Director LOBEL DAVID S unloaded Company’s shares for reported $5.23 million on Dec 16 ’24. In the deal valued at $3.00 per share,1,743,356 shares were sold. As a result of this transaction, LOBEL DAVID S now holds 41,556,961 shares worth roughly $132.15 million.
Then, Holley Parent Holdings, LLC bought 1,743,356 shares, generating $5,230,068 in total proceeds.
Before that, Rubel Matthew E bought 14,493 shares. Holley Inc shares valued at $49,131 were divested by the Exec. Chairman of the Board at a price of $3.39 per share. As a result of the transaction, Rubel Matthew E now holds 169,979 shares, worth roughly $0.54 million.
Telsey Advisory Group reiterated its Holley Inc [HLLY] rating to an Outperform in a research note published on November 11, 2024; the price target was $4.50. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early August has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering HLLY and reiterated its “an Outperform” recommendation on May 09, 2024. JP Morgan revised its rating on February 20, 2024. It rated HLLY as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of HLLY
On Tuesday, Holley Inc [NYSE:HLLY] saw its stock jump 1.92% to $3.18. Over the last five days, the stock has gained 11.58%. Holley Inc shares have risen nearly 5.30% since the year began. Nevertheless, the stocks have fallen -28.54% over the past one year. While a 52-week high of $5.23 was reached on 01/21/25, a 52-week low of $2.29 was recorded on 01/13/25. SMA at 50 days reached $2.86, while 200 days put it at $3.31.
Levels Of Support And Resistance For HLLY Stock
The 24-hour chart illustrates a support level at 3.14, which if violated will result in even more drops to 3.10. On the upside, there is a resistance level at 3.22. A further resistance level may holdings at 3.25. The Relative Strength Index (RSI) on the 14-day chart is 67.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.82%. Stochastics %K at 92.46% indicates the stock is a selling.
How much short interest is there in Holley Inc?
A steep rise in short interest was recorded in Holley Inc stocks on 2024-12-31, growing by 84954.0 shares to a total of 2.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.93 million shares. There was a rise of 4.21%, which implies that there is a positive sentiment for the stock.
