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. Hyatt Hotels Corporation shares valued at $811,356 were sold by Bottarini Joan on Dec 16 ’24. At $162.27 per share, Bottarini Joan sold 5,000 shares. The insider’s holdings dropped to 10,799 shares worth approximately $1.67 million following the completion of this transaction.
Also, JOAN BOTTARINI purchased 5,000 shares, netting a total of over 794,950 in proceeds.
Before that, TSPV P.G. Trust had added 26,000 shares to its account. In a trade valued at $4,330,560, the Affiliate bought Hyatt Hotels Corporation shares for $166.56 each.
As published in a research note from HSBC Securities on November 01, 2024, Hyatt Hotels Corporation [H] has been rated down from a Buy to a Hold and the price target has been revised to $156. Analysts at Goldman started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid September. As of June 21, 2024, Susquehanna has initiated its “Neutral” rating for H. Earlier on March 26, 2024, Mizuho initiated its rating. Their recommendation was “a Buy” for H stock.
Analyzing H Stock Performance
During the last five days, there has been a surge of approximately 0.59%. Over the course of the year, Hyatt Hotels Corporation shares have dropped approximately -1.36%. Shares of the company reached a 52-week high of $159.04 on 01/06/25 and a 52-week low of $150.00 on 01/13/25. A 50-day SMA is recorded $156.78, while a 200-day SMA reached $151.07. Nevertheless, trading volume fell to 0.51 million shares from 0.38 million shares the previous day.
Support And Resistance Levels for Hyatt Hotels Corporation (H)
According to the 24-hour chart, there is a support level at 153.78, which, if violated, would cause prices to drop to 152.72. In the upper region, resistance lies at 156.27. The next price resistance is at 157.70. RSI (Relative Strength Index) is 47.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.15, which suggests the price will increase in the coming days. Percent R is at 46.32%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
