Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. OneMain Holdings Inc shares valued at $157,501 were sold by Hedlund Michael A on Feb 21 ’25. At $56.09 per share, Hedlund Michael A sold 2,808 shares. The insider’s holdings dropped to 15,831 shares worth approximately $0.72 million following the completion of this transaction.
Also, Hedlund Michael A purchased 2,808 shares, netting a total of over 157,501 in proceeds.
Before that, Shulman Douglas H. had sold 20,000 shares from its account. In a trade valued at $1,083,800, the President & CEO traded OneMain Holdings Inc shares for $54.19 each. Upon closing the transaction, the insider’s holdings decreased to 20,000 shares, worth approximately $17.8 million.
As published in their initiating research note from Stephens on November 13, 2024, OneMain Holdings Inc [OMF] has been an Overweight and the price target has been revised to $62. Analysts at Barclays downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early October. As of June 07, 2024, BTIG Research has initiated its “Neutral” rating for OMF. Earlier on February 08, 2024, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for OMF stock which previously was a “an Overweight”.
Analyzing OMF Stock Performance
During the last five days, there has been a drop of approximately -8.05%. Over the course of the year, OneMain Holdings Inc shares have dropped approximately -13.01%. Shares of the company reached a 52-week high of $58.90 on 01/28/25 and a 52-week low of $45.05 on 03/13/25. A 50-day SMA is recorded $53.74, while a 200-day SMA reached $50.68.
Support And Resistance Levels for OneMain Holdings Inc (OMF)
According to the 24-hour chart, there is a support level at 44.67, which, if violated, would cause prices to drop to 43.99. In the upper region, resistance lies at 46.41. The next price resistance is at 47.47. RSI (Relative Strength Index) is 24.39 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.13, which suggests the price will decrease in the coming days. Percent R is at 96.79%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
