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 $41,144 were sold by McCalman Jennifer on Feb 03 ’25. At $148.00 per share, McCalman Jennifer sold 278 shares. The insider’s holdings dropped to 2,682 shares worth approximately $0.42 million following the completion of this transaction.
Also, McCalman Jennifer purchased 278 shares, netting a total of over 41,144 in proceeds.
Before that, Raup Charles R had added 1,000 shares to its account. In a trade valued at $159,170, the Former Officer bought Hershey Company shares for $159.17 each.
As published in a research note from Citigroup on February 07, 2025, Hershey Company [HSY] has been rated up from a Sell to a Neutral and the price target has been revised to $154 from $159. Analysts at Piper Sandler downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in late January. As of January 23, 2025, Deutsche Bank has reiterated its “Hold” rating for HSY. Earlier on December 23, 2024, Mizuho resumed its rating. Their recommendation was “a Neutral” for HSY stock.
Analyzing HSY Stock Performance
During the last five days, there has been a surge of approximately 8.33%. Over the course of the year, Hershey Company shares have dropped approximately -6.65%. Shares of the company reached a 52-week high of $171.28 on 01/02/25 and a 52-week low of $140.13 on 02/05/25. A 50-day SMA is recorded $164.20, while a 200-day SMA reached $184.20. Nevertheless, trading volume fell to 1.35 million shares from 1.89 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 156.49, which, if violated, would cause prices to drop to 154.91. In the upper region, resistance lies at 159.00. The next price resistance is at 159.92. RSI (Relative Strength Index) is 53.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.41, which suggests the price will increase in the coming days. Percent R is at 6.87%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
