Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Robert Half Inc shares valued at $76,729 were sold by Kempthorne Dirk A on Nov 26 ’24. At $74.35 per share, Kempthorne Dirk A sold 1,032 shares. The insider’s holdings dropped to 12,310 shares worth approximately $0.87 million following the completion of this transaction.
Also, Dirk A. Kempthorne purchased 1,032 shares, netting a total of over 76,058 in proceeds.
Before that, Kempthorne Dirk A had sold 1,300 shares from its account. In a trade valued at $82,015, the Director traded Robert Half Inc shares for $63.09 each. Upon closing the transaction, the insider’s holdings decreased to 1,300 shares, worth approximately $0.94 million.
As published in a research note from Barclays on January 03, 2025, Robert Half Inc [RHI] has been rated up from an Underweight to an Equal weight and the price target has been revised to $80 from $60. Analysts at Exane BNP Paribas downgraded the stock from ‘”an Outperform”‘ to ‘”an Underperform”‘ outlook in a report released in mid December. As of December 13, 2024, Truist has increased its “Hold” rating to a “Buy” for RHI. Earlier on June 11, 2024, Exane BNP Paribas upgraded its rating. Their new recommendation was “an Outperform” for RHI stock which previously was a “an Underperform”.
Analyzing RHI Stock Performance
During the last five days, there has been a surge of approximately 0.37%. Over the course of the year, Robert Half Inc shares have jumped approximately 0.06%. Shares of the company reached a 52-week high of $72.10 on 01/17/25 and a 52-week low of $64.97 on 01/13/25. A 50-day SMA is recorded $72.51, while a 200-day SMA reached $67.63. Nevertheless, trading volume fell to 0.92 million shares from 0.58 million shares the previous day.
Support And Resistance Levels for Robert Half Inc (RHI)
According to the 24-hour chart, there is a support level at 69.96, which, if violated, would cause prices to drop to 69.43. In the upper region, resistance lies at 70.98. The next price resistance is at 71.47. RSI (Relative Strength Index) is 49.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.68, which suggests the price will increase in the coming days. Percent R is at 22.39%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
