Federated Hermes Inc’s recent filing unveils that its CEO, Federated Hermes Limited Nusseibeh Saker Anwar unloaded Company’s shares for reported $0.22 million on Feb 07 ’25. In the deal valued at $38.81 per share,5,546 shares were sold. As a result of this transaction, Nusseibeh Saker Anwar now holds 179,096 shares worth roughly $6.76 million.
Then, SAKER ANWAR NUSSEIBEH bought 5,546 shares, generating $215,221 in total proceeds.
Before that, Uhlman Paul A sold 6,311 shares. Federated Hermes Inc shares valued at $261,201 were divested by the Vice President at a price of $41.39 per share. As a result of the transaction, Uhlman Paul A now holds 310,767 shares, worth roughly $11.73 million.
JP Morgan downgraded its Federated Hermes Inc [FHI] rating to an Underweight from a a Neutral in a research note published on February 05, 2025; the price target was decreased to $41 from $42. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. JP Morgan also remained covering FHI and has decreased its forecast on January 07, 2025 with a “Neutral” recommendation from previously “an Overweight” rating. TD Cowen revised its rating on October 28, 2024. It rated FHI as “a Buy” which previously was an “a Hold”.
Price Performance Review of FHI
On Friday, Federated Hermes Inc [NYSE:FHI] saw its stock fall -1.18% to $37.76. Over the last five days, the stock has lost -1.67%. Federated Hermes Inc shares have fallen nearly -8.15% since the year began. Nevertheless, the stocks have risen 11.25% over the past one year. While a 52-week high of $43.92 was reached on 01/06/25, a 52-week low of $31.23 was recorded on 01/13/25. SMA at 50 days reached $39.77, while 200 days put it at $36.68.
Levels Of Support And Resistance For FHI Stock
The 24-hour chart illustrates a support level at 37.51, which if violated will result in even more drops to 37.26. On the upside, there is a resistance level at 38.15. A further resistance level may holdings at 38.54. The Relative Strength Index (RSI) on the 14-day chart is 35.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.79%. Stochastics %K at 18.23% indicates the stock is a buying.
The most recent change occurred on January 05, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $35 price target.
