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. Halliburton Co shares valued at $258,226 were sold by McKeon Timothy on Mar 07 ’25. At $24.60 per share, McKeon Timothy sold 10,497 shares. The insider’s holdings dropped to 77,784 shares worth approximately $1.89 million following the completion of this transaction.
Also, McKeon Timothy purchased 10,497 shares, netting a total of over 258,226 in proceeds.
Before that, Banks Margaret Katherine had sold 3,900 shares from its account. In a trade valued at $93,736, the Director traded Halliburton Co shares for $24.04 each. Upon closing the transaction, the insider’s holdings decreased to 3,900 shares, worth approximately $0.26 million.
As published in a research note from Raymond James on January 06, 2025, Halliburton Co [HAL] has been rated down from a Strong buy to a Mkt perform. Analysts at Griffin Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of December 19, 2024, Piper Sandler has initiated its “an Overweight” rating for HAL. Earlier on December 18, 2024, Barclays downgraded its rating. Their new recommendation was “an Equal weight” for HAL stock which previously was a “an Overweight”.
Analyzing HAL Stock Performance
During the last five days, there has been a drop of approximately -0.45%. Over the course of the year, Halliburton Co shares have dropped approximately -10.48%. Shares of the company reached a 52-week high of $30.40 on 01/17/25 and a 52-week low of $23.42 on 03/05/25. A 50-day SMA is recorded $26.58, while a 200-day SMA reached $29.94.
Support And Resistance Levels for Halliburton Co (HAL)
According to the 24-hour chart, there is a support level at 23.96, which, if violated, would cause prices to drop to 23.57. In the upper region, resistance lies at 24.97. The next price resistance is at 25.60. RSI (Relative Strength Index) is 37.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.63, which suggests the price will decrease in the coming days. Percent R is at 75.27%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
