Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hamilton Insurance Group Ltd shares valued at $77,560 were purchased by ALEXANDER JAMES BAKER on Jan 21 ’25. At $19.39 per share, ALEXANDER JAMES BAKER acquired 4,000 shares.
Also, Hamilton Investments LP purchased 674,535 shares, netting a total of over 12,485,643 in proceeds.
Before that, ALEXANDER JAMES BAKER had added 8,000 shares to its account. In a trade valued at $150,880, the Officer bought Hamilton Insurance Group Ltd shares for $18.86 each.
As published in their initiating research note from Barclays on September 05, 2024, Hamilton Insurance Group Ltd [HG] has been an Overweight and the price target has been revised to $26. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid August. As of April 11, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for HG. Earlier on December 05, 2023, JMP Securities initiated its rating. Their recommendation was “a Mkt outperform” for HG stock.
Analyzing HG Stock Performance
During the last five days, there has been a surge of approximately 6.67%. Over the course of the year, Hamilton Insurance Group Ltd shares have jumped approximately 1.73%. Shares of the company reached a 52-week high of $19.95 on 01/29/25 and a 52-week low of $17.47 on 02/20/25. A 50-day SMA is recorded $18.84, while a 200-day SMA reached $18.04.
Support And Resistance Levels for Hamilton Insurance Group Ltd (HG)
According to the 24-hour chart, there is a support level at 18.57, which, if violated, would cause prices to drop to 17.78. In the upper region, resistance lies at 20.04. The next price resistance is at 20.72. RSI (Relative Strength Index) is 59.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.13, which suggests the price will decrease in the coming days. Percent R is at 23.17%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
