In a filing, Harmonic, Inc revealed its Director KRALL DAVID acquired Company’s shares for reported $97830.0 on Feb 13 ’25. In the deal valued at $9.78 per share,10,000 shares were bought. As a result of this transaction, KRALL DAVID now holds 163,490 shares worth roughly $ 1.64 million.
Then, Ben-Natan Nimrod bought 7,780 shares, generating $75,061 in total proceeds. Upon buying the shares at $9.65, the President and CEO now owns 347,797 shares.
Before that, Jankovic Walter bought 12,000 shares. Harmonic, Inc shares valued at $113,280 were divested by the Chief Financial Officer at a price of $9.44 per share. As a result of the transaction, Jankovic Walter now holds 46,129 shares, worth roughly $0.46 million.
Raymond James downgraded its Harmonic, Inc [HLIT] rating to an Outperform from a a Strong buy in a research note published on October 29, 2024; the price target was decreased to $14 from $17. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Hold”. Raymond James also remained covering HLIT and has increased its forecast on August 10, 2023 with a “Strong buy” recommendation from previously “an Outperform” rating. Jefferies revised its rating on January 09, 2023. It rated HLIT as “a Buy” which previously was an “a Hold”.
Price Performance Review of HLIT
On Friday, Harmonic, Inc [NASDAQ:HLIT] saw its stock jump 2.76% to $10.06. Over the last five days, the stock has lost -9.61%. Harmonic, Inc shares have fallen nearly -23.96% since the year began. Nevertheless, the stocks have fallen -24.02% over the past one year. While a 52-week high of $15.46 was reached on 01/06/25, a 52-week low of $8.42 was recorded on 02/11/25. SMA at 50 days reached $12.34, while 200 days put it at $12.63.
Levels Of Support And Resistance For HLIT Stock
The 24-hour chart illustrates a support level at 9.88, which if violated will result in even more drops to 9.70. On the upside, there is a resistance level at 10.36. A further resistance level may holdings at 10.65. The Relative Strength Index (RSI) on the 14-day chart is 30.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.19%. Stochastics %K at 38.69% indicates the stock is a holding.
How much short interest is there in Harmonic, Inc?
A steep rise in short interest was recorded in Harmonic, Inc stocks on 2025-01-31, dropping by -0.62 million shares to a total of 2.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 3.05 million shares. There was a decline of -25.56%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 24, 2022 when Rosenblatt began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.
