Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Equitable Holdings Inc shares valued at $1,291,246 were sold by Lane Nick on Jan 15 ’25. At $51.65 per share, Lane Nick sold 25,000 shares. The insider’s holdings dropped to 121,629 shares worth approximately $6.59 million following the completion of this transaction.
Also, HURD JEFFREY J sold 6,666 shares, netting a total of over 364,278 in proceeds. Following the sale of shares at $54.65 each, the insider now holds 92,209 shares.
Before that, Pearson Mark had sold 30,000 shares from its account. In a trade valued at $1,549,630, the President and CEO traded Equitable Holdings Inc shares for $51.65 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $34.11 million.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, Equitable Holdings Inc [EQH] has been an Outperform and the price target has been revised to $70. Analysts at Deutsche Bank upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 09, 2024, Keefe Bruyette has increased its “Mkt perform” rating to a “an Outperform” for EQH. Earlier on September 05, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for EQH stock.
Analyzing EQH Stock Performance
During the last five days, there has been a surge of approximately 1.82%. Over the course of the year, Equitable Holdings Inc shares have jumped approximately 14.80%. Shares of the company reached a 52-week high of $54.62 on 01/28/25 and a 52-week low of $47.30 on 01/02/25. A 50-day SMA is recorded $48.57, while a 200-day SMA reached $43.15. Nevertheless, trading volume fell to 2.87 million shares from 3.6 million shares the previous day.
Support And Resistance Levels for Equitable Holdings Inc (EQH)
According to the 24-hour chart, there is a support level at 53.44, which, if violated, would cause prices to drop to 52.72. In the upper region, resistance lies at 54.61. The next price resistance is at 55.06. RSI (Relative Strength Index) is 75.63 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.92, which suggests the price will increase in the coming days. Percent R is at 6.56%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
