Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Halliburton Co shares valued at $3,689,713 were sold by Carre Eric on Feb 11 ’25. At $26.13 per share, Carre Eric sold 141,206 shares. The insider’s holdings dropped to 127,101 shares worth approximately $3.43 million following the completion of this transaction.
Also, Carre Eric purchased 141,206 shares, netting a total of over 3,689,713 in proceeds.
Before that, Jones Myrtle L had added 10,487 shares to its account. In a trade valued at $304,331, the Former Officer bought Halliburton Co shares for $29.02 each.
As published in a research note from Raymond James on January 06, 2025, Halliburton Co [HAL] has been rated down from a Strong buy to a Mkt perform. Analysts at Griffin Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of December 19, 2024, Piper Sandler has initiated its “an Overweight” rating for HAL. Earlier on December 18, 2024, Barclays downgraded its rating. Their new recommendation was “an Equal weight” for HAL stock which previously was a “an Overweight”.
Analyzing HAL Stock Performance
During the last five days, there has been a surge of approximately 3.93%. Over the course of the year, Halliburton Co shares have dropped approximately -0.74%. Shares of the company reached a 52-week high of $30.40 on 01/17/25 and a 52-week low of $25.16 on 02/07/25. A 50-day SMA is recorded $27.26, while a 200-day SMA reached $30.84. Nevertheless, trading volume fell to 8.29 million shares from 10.9 million shares the previous day.
Support And Resistance Levels for Halliburton Co (HAL)
According to the 24-hour chart, there is a support level at 26.68, which, if violated, would cause prices to drop to 26.38. In the upper region, resistance lies at 27.34. The next price resistance is at 27.69. RSI (Relative Strength Index) is 51.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.66, which suggests the price will decrease in the coming days. Percent R is at 17.75%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
