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. Hershey Company shares valued at $159,170 were purchased by Raup Charles R on Jan 13 ’25. At $159.17 per share, Raup Charles R acquired 1,000 shares.
Also, Voskuil Steven E sold 1,000 shares, netting a total of over 180,000 in proceeds. Following the sale of shares at $180.00 each, the insider now holds 30,228 shares.
Before that, Voskuil Steven E had added 1,000 shares to its account. In a trade valued at $180,000, the Officer bought Hershey Company shares for $180.00 each.
As published in a research note from Deutsche Bank on January 23, 2025, Hershey Company [HSY] has been retained to a Hold and the price target has been revised to $148. Analysts at Mizuho resumed the stock at ‘”a Neutral”‘ outlook in a report released in late December. Earlier on December 12, 2024, Wells Fargo downgraded its rating. Their new recommendation was “an Underweight” for HSY stock which previously was a “an Equal weight”.
Analyzing HSY Stock Performance
During the last five days, there has been a surge of approximately 1.50%. Over the course of the year, Hershey Company shares have dropped approximately -10.16%. Shares of the company reached a 52-week high of $171.28 on 01/02/25 and a 52-week low of $147.60 on 01/24/25. A 50-day SMA is recorded $168.04, while a 200-day SMA reached $185.70. Nevertheless, trading volume fell to 1.65 million shares from 1.22 million shares the previous day.
Support And Resistance Levels for Hershey Company (HSY)
According to the 24-hour chart, there is a support level at 150.16, which, if violated, would cause prices to drop to 148.17. In the upper region, resistance lies at 153.17. The next price resistance is at 154.19. RSI (Relative Strength Index) is 37.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.46, which suggests the price will decrease in the coming days. Percent R is at 70.33%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
