Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Robert Half Inc shares valued at $76,729 were sold by Kempthorne Dirk A on Nov 26 ’24. At $74.35 per share, Kempthorne Dirk A sold 1,032 shares. The insider’s holdings dropped to 12,310 shares worth approximately $0.74 million following the completion of this transaction.
Also, Dirk A. Kempthorne purchased 1,032 shares, netting a total of over 76,058 in proceeds.
Before that, Kempthorne Dirk A had sold 1,300 shares from its account. In a trade valued at $82,015, the Director traded Robert Half Inc shares for $63.09 each. Upon closing the transaction, the insider’s holdings decreased to 1,300 shares, worth approximately $0.81 million.
As published in a research note from Exane BNP Paribas on February 10, 2025, Robert Half Inc [RHI] has been rated up from an Underperform to an Outperform and the price target has been revised to $71.50. Analysts at Barclays upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early January. As of December 16, 2024, Exane BNP Paribas has decreased its “an Outperform” rating to a “an Underperform” for RHI. Earlier on December 13, 2024, Truist upgraded its rating. Their new recommendation was “a Buy” for RHI stock which previously was a “a Hold”.
Analyzing RHI Stock Performance
During the last five days, there has been a surge of approximately 1.89%. Over the course of the year, Robert Half Inc shares have dropped approximately -14.28%. Shares of the company reached a 52-week high of $72.10 on 01/17/25 and a 52-week low of $57.88 on 02/12/25. A 50-day SMA is recorded $68.33, while a 200-day SMA reached $66.88. Nevertheless, trading volume fell to 0.9 million shares from 1.18 million shares the previous day.
Support And Resistance Levels for Robert Half Inc (RHI)
According to the 24-hour chart, there is a support level at 59.42, which, if violated, would cause prices to drop to 58.43. In the upper region, resistance lies at 61.08. The next price resistance is at 61.75. RSI (Relative Strength Index) is 34.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.83, which suggests the price will decrease in the coming days. Percent R is at 71.52%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
