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. Hims & Hers Health Inc shares valued at $832,966 were sold by Chi Michael on Feb 24 ’25. At $48.14 per share, Chi Michael sold 17,303 shares. The insider’s holdings dropped to 193,601 shares worth approximately $8.11 million following the completion of this transaction.
Also, Chi Michael purchased 17,303 shares, netting a total of over 832,966 in proceeds.
Before that, Dudum Andrew had sold 128,127 shares from its account. In a trade valued at $7,466,121, the Chief Executive Officer traded Hims & Hers Health Inc shares for $58.27 each. Upon closing the transaction, the insider’s holdings decreased to 128,127 shares, worth approximately $4.09 million.
As published in a research note from Morgan Stanley on February 18, 2025, Hims & Hers Health Inc [HIMS] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $60 from $42. Analysts at Citigroup downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early January. As of January 07, 2025, BTIG Research has initiated its “Buy” rating for HIMS. Earlier on December 17, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for HIMS stock.
Analyzing HIMS Stock Performance
During the last five days, there has been a drop of approximately -39.06%. Over the course of the year, Hims & Hers Health Inc shares have jumped approximately 73.24%. Shares of the company reached a 52-week high of $72.98 on 02/19/25 and a 52-week low of $24.07 on 01/10/25. A 50-day SMA is recorded $35.60, while a 200-day SMA reached $24.13. Nevertheless, trading volume fell to 44.85 million shares from 82.83 million shares the previous day.
Support And Resistance Levels for Hims & Hers Health Inc (HIMS)
According to the 24-hour chart, there is a support level at 39.67, which, if violated, would cause prices to drop to 37.44. In the upper region, resistance lies at 44.37. The next price resistance is at 46.84. RSI (Relative Strength Index) is 47.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.60, which suggests the price will decrease in the coming days. Percent R is at 84.12%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
