Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Heritage Commerce Corp shares valued at $42,080 were sold by Conner Jack W on Feb 27 ’25. At $10.52 per share, Conner Jack W sold 4,000 shares. The insider’s holdings dropped to 108,512 shares worth approximately $1.09 million following the completion of this transaction.
Also, Conner Jack W purchased 4,000 shares, netting a total of over 41,600 in proceeds.
As published in a research note from Stephens on February 07, 2025, Heritage Commerce Corp [HTBK] has been rated up from an Equal-weight to an Overweight. Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid August. As of October 31, 2022, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for HTBK. Earlier on December 28, 2021, Stephens initiated its rating. Their recommendation was “an Overweight” for HTBK stock.
Analyzing HTBK Stock Performance
During the last five days, there has been a drop of approximately -4.09%. Over the course of the year, Heritage Commerce Corp shares have jumped approximately 7.46%. Shares of the company reached a 52-week high of $10.86 on 02/21/25 and a 52-week low of $8.61 on 01/10/25. A 50-day SMA is recorded $9.80, while a 200-day SMA reached $9.63.
Support And Resistance Levels for Heritage Commerce Corp (HTBK)
According to the 24-hour chart, there is a support level at 9.98, which, if violated, would cause prices to drop to 9.87. In the upper region, resistance lies at 10.23. The next price resistance is at 10.37. RSI (Relative Strength Index) is 44.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.30, which suggests the price will decrease in the coming days. Percent R is at 90.36%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
