Harmonic, Inc’s recently made public that its Director KRALL DAVID acquired Company’s shares for reported $97830.0 on Feb 13 ’25. In the deal valued at $9.78 per share,10,000 shares were bought. As a result of this transaction, KRALL DAVID now holds 163,490 shares worth roughly $1.72 million.
Then, Ben-Natan Nimrod bought 7,780 shares, generating $75,061 in total proceeds. Upon buying the shares at $9.65, the President and CEO now owns 347,797 shares.
Before that, Jankovic Walter bought 12,000 shares. Harmonic, Inc shares valued at $113,280 were divested by the Chief Financial Officer at a price of $9.44 per share. As a result of the transaction, Jankovic Walter now holds 46,129 shares, worth roughly $0.49 million.
A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late October from “a Strong buy” to “an Outperform”. Jefferies also remained covering HLIT and has decreased its forecast on October 29, 2024 with a “Hold” recommendation from previously “Buy” rating. Raymond James revised its rating on August 10, 2023. It rated HLIT as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of HLIT
On Friday, Harmonic, Inc [NASDAQ:HLIT] saw its stock fall -1.22% to $10.52. Over the last five days, the stock has gained 7.46%. Harmonic, Inc shares have fallen nearly -20.48% since the year began. Nevertheless, the stocks have fallen -21.78% over the past one year. While a 52-week high of $15.46 was reached on 01/06/25, a 52-week low of $8.42 was recorded on 02/11/25. SMA at 50 days reached $12.15, while 200 days put it at $12.62.
Levels Of Support And Resistance For HLIT Stock
The 24-hour chart illustrates a support level at 10.41, which if violated will result in even more drops to 10.29. On the upside, there is a resistance level at 10.73. A further resistance level may holdings at 10.93. The Relative Strength Index (RSI) on the 14-day chart is 39.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.04%. Stochastics %K at 67.61% indicates the stock is a holding.
