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A company insider recently bought 575 shares of Huntington Ingalls Industries Inc [HII]. Should You Buy?

NUE

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Huntington Ingalls Industries Inc shares valued at $99,832 were purchased by DONALD KIRKLAND H on Feb 27 ’25. At $173.62 per share, DONALD KIRKLAND H acquired 575 shares. The insider’s holdings grew to 575 shares worth approximately $0.11 million following the completion of this transaction.

Also, WELCH JOHN K purchased 1,000 shares, netting a total of over 174,924 in proceeds. Following the buying of shares at $174.92 each, the insider now holds 2,545 shares.

Before that, SCHIEVELBEIN THOMAS C had added 2,120 shares to its account. In a trade valued at $349,426, the Director bought Huntington Ingalls Industries Inc shares for $164.82 each. Upon closing the transaction, the insider’s holdings increased to 2,120 shares, worth approximately $1.54 million.

As published in a research note from TD Cowen on November 01, 2024, Huntington Ingalls Industries Inc [HII] has been rated down from a Buy to a Hold and the price target has been revised to $180. Analysts at Alembic Global Advisors downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early November. As of October 10, 2024, Wolfe Research has decreased its “an Outperform” rating to a “Peer perform” for HII. Earlier on October 10, 2024, Vertical Research downgraded its rating. Their new recommendation was “a Hold” for HII stock which previously was a “a Buy”.

Analyzing HII Stock Performance

During the last five days, there has been a surge of approximately 11.78%. Over the course of the year, Huntington Ingalls Industries Inc shares have jumped approximately 2.44%. Shares of the company reached a 52-week high of $209.24 on 01/21/25 and a 52-week low of $158.88 on 02/06/25. A 50-day SMA is recorded $185.74, while a 200-day SMA reached $230.08.

Support And Resistance Levels for Huntington Ingalls Industries Inc (HII)

According to the 24-hour chart, there is a support level at 184.65, which, if violated, would cause prices to drop to 175.70. In the upper region, resistance lies at 198.89. The next price resistance is at 204.19. RSI (Relative Strength Index) is 61.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.69, which suggests the price will increase in the coming days. Percent R is at 4.63%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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