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. Howmet Aerospace Inc shares valued at $902,886 were sold by LIN LOLA FELICE on Feb 18 ’25. At $136.39 per share, LIN LOLA FELICE sold 6,620 shares. The insider’s holdings dropped to 97,134 shares worth approximately $13.45 million following the completion of this transaction.
Also, LIN LOLA FELICE purchased 6,620 shares, netting a total of over 902,886 in proceeds.
Before that, Marchuk Neil Edward had sold 70,637 shares from its account. In a trade valued at $6,847,749, the EVP, HR traded Howmet Aerospace Inc shares for $96.94 each. Upon closing the transaction, the insider’s holdings decreased to 70,637 shares, worth approximately $12.83 million.
As published in a research note from KeyBanc Capital Markets on October 24, 2024, Howmet Aerospace Inc [HWM] has been rated down from an Overweight to a Sector weight. Analysts at Susquehanna started covering the stock with ‘”a Positive”‘ outlook in a report released in early October. As of June 26, 2024, BTIG Research has initiated its “Buy” rating for HWM. Earlier on March 18, 2024, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for HWM stock.
Analyzing HWM Stock Performance
During the last five days, there has been a surge of approximately 8.08%. Over the course of the year, Howmet Aerospace Inc shares have jumped approximately 26.58%. Shares of the company reached a 52-week high of $140.55 on 02/19/25 and a 52-week low of $109.50 on 01/02/25. A 50-day SMA is recorded $120.47, while a 200-day SMA reached $100.48. Nevertheless, trading volume fell to 3.03 million shares from 2.9 million shares the previous day.
Support And Resistance Levels for Howmet Aerospace Inc (HWM)
According to the 24-hour chart, there is a support level at 135.86, which, if violated, would cause prices to drop to 133.28. In the upper region, resistance lies at 140.28. The next price resistance is at 142.11. RSI (Relative Strength Index) is 73.87 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.84, which suggests the price will increase in the coming days. Percent R is at 11.83%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
