Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hillenbrand Inc shares valued at $39,714 were purchased by FARRELL NICHOLAS R on Feb 10 ’25. At $33.09 per share, FARRELL NICHOLAS R acquired 1,200 shares. The insider’s holdings grew to 57,798 shares worth approximately $1.93 million following the completion of this transaction.
Also, Whitted J Michael purchased 1,000 shares, netting a total of over 32,830 in proceeds. Following the buying of shares at $32.83 each, the insider now holds 68,756 shares.
Before that, RYAN KIMBERLY K had added 2,500 shares to its account. In a trade valued at $81,700, the President & CEO bought Hillenbrand Inc shares for $32.68 each. Upon closing the transaction, the insider’s holdings increased to 2,500 shares, worth approximately $5.86 million.
As published in a research note from DA Davidson on August 12, 2024, Hillenbrand Inc [HI] has been rated down from a Buy to a Neutral and the price target has been revised to $33 from $54. Analysts at KeyBanc Capital Markets started covering the stock with ‘”an Overweight”‘ outlook in a report released in early July. As of December 19, 2023, CL King has initiated its “Strong buy” rating for HI. Earlier on October 14, 2020, Barrington Research initiated its rating. Their recommendation was “an Outperform” for HI stock.
Analyzing HI Stock Performance
During the last five days, there has been a drop of approximately -2.71%. Over the course of the year, Hillenbrand Inc shares have jumped approximately 8.38%. Shares of the company reached a 52-week high of $35.59 on 01/23/25 and a 52-week low of $29.05 on 02/06/25. A 50-day SMA is recorded $32.60, while a 200-day SMA reached $34.93. Nevertheless, trading volume fell to 0.53 million shares from 0.32 million shares the previous day.
Support And Resistance Levels for Hillenbrand Inc (HI)
According to the 24-hour chart, there is a support level at 32.83, which, if violated, would cause prices to drop to 32.29. In the upper region, resistance lies at 34.26. The next price resistance is at 35.15. RSI (Relative Strength Index) is 49.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.80, which suggests the price will decrease in the coming days. Percent R is at 32.96%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
