Equitable Holdings Inc’s recent filing unveils that its Lane Nick unloaded Company’s shares for reported $1.29 million on Jan 15 ’25. In the deal valued at $51.65 per share,25,000 shares were sold. As a result of this transaction, Lane Nick now holds 121,629 shares worth roughly $6.62 million.
Then, HURD JEFFREY J sold 6,666 shares, generating $364,278 in total proceeds. Upon selling the shares at $54.65, the Chief Operating Officer now owns 92,209 shares.
Before that, Pearson Mark sold 30,000 shares. Equitable Holdings Inc shares valued at $1,549,630 were divested by the President and CEO at a price of $51.65 per share. As a result of the transaction, Pearson Mark now holds 629,939 shares, worth roughly $34.28 million.
BMO Capital Markets initiated its Equitable Holdings Inc [EQH] rating to an Outperform in a research note published on January 23, 2025; the price target was $70. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Keefe Bruyette also remained covering EQH and has increased its forecast on December 09, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Barclays started covering the stock on September 05, 2024. It rated EQH as “an Overweight”.
Price Performance Review of EQH
On Friday, Equitable Holdings Inc [NYSE:EQH] saw its stock jump 0.29% to $54.42. Over the last five days, the stock has gained 2.20%. Equitable Holdings Inc shares have risen nearly 15.37% since the year began. Nevertheless, the stocks have risen 63.47% over the past one year. While a 52-week high of $54.82 was reached on 01/30/25, a 52-week low of $31.76 was recorded on 01/02/25. SMA at 50 days reached $48.84, while 200 days put it at $43.33.
Levels Of Support And Resistance For EQH Stock
The 24-hour chart illustrates a support level at 54.07, which if violated will result in even more drops to 53.73. On the upside, there is a resistance level at 54.71. A further resistance level may holdings at 55.01. The Relative Strength Index (RSI) on the 14-day chart is 76.56, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.43%. Stochastics %K at 93.46% indicates the stock is a selling.
How much short interest is there in Equitable Holdings Inc?
A steep rise in short interest was recorded in Equitable Holdings Inc stocks on 2025-01-15, dropping by -0.18 million shares to a total of 4.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.6 million shares. There was a decline of -4.16%, which implies that there is a negative sentiment for the stock.
