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. Huntington Ingalls Industries Inc shares valued at $82,096 were sold by Wyatt D R on Nov 11 ’24. At $205.24 per share, Wyatt D R sold 400 shares. The insider’s holdings dropped to 19,627 shares worth approximately $3.79 million following the completion of this transaction.
Also, Wyatt D R purchased 400 shares, netting a total of over 82,096 in proceeds.
Before that, Jimenez Frank R had added 550 shares to its account. In a trade valued at $103,900, the Director bought Huntington Ingalls Industries Inc shares for $188.91 each. Upon closing the transaction, the insider’s holdings increased to 550 shares, worth approximately $0.11 million.
As published in a research note from TD Cowen on November 01, 2024, Huntington Ingalls Industries Inc [HII] has been rated down from a Buy to a Hold and the price target has been revised to $180. Analysts at Alembic Global Advisors downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early November. As of October 10, 2024, Wolfe Research has decreased its “an Outperform” rating to a “Peer perform” for HII. Earlier on October 10, 2024, Vertical Research downgraded its rating. Their new recommendation was “a Hold” for HII stock which previously was a “a Buy”.
Analyzing HII Stock Performance
During the last five days, there has been a drop of approximately -5.99%. Over the course of the year, Huntington Ingalls Industries Inc shares have jumped approximately 2.07%. Shares of the company reached a 52-week high of $209.24 on 01/21/25 and a 52-week low of $186.25 on 01/08/25. A 50-day SMA is recorded $194.31, while a 200-day SMA reached $240.64. Nevertheless, trading volume fell to 0.56 million shares from 0.5 million shares the previous day.
Support And Resistance Levels for Huntington Ingalls Industries Inc (HII)
According to the 24-hour chart, there is a support level at 190.87, which, if violated, would cause prices to drop to 188.86. In the upper region, resistance lies at 195.97. The next price resistance is at 199.06. RSI (Relative Strength Index) is 43.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.84, which suggests the price will decrease in the coming days. Percent R is at 71.12%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
