Home Bancshares Inc’s recently made public that its Chairman & CEO ALLISON JOHN W acquired Company’s shares for reported $0.31 million on Jan 21 ’25. In the deal valued at $30.76 per share,10,000 shares were bought. As a result of this transaction, ALLISON JOHN W now holds 5,693,182 shares worth roughly $162.6 million.
Then, KEY COLONY FUND LP bought 55,000 shares, generating $1,706,904 in total proceeds.
Before that, LIEBLONG ALEX R sold 55,000 shares. Home Bancshares Inc shares valued at $1,801,250 were divested by the Director at a price of $32.75 per share. As a result of the transaction, LIEBLONG ALEX R now holds 0 shares, worth roughly $0.0.
Hovde Group reiterated its Home Bancshares Inc [HOMB] rating to an Outperform in a research note published on January 17, 2025; the price target was $35. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. Keefe Bruyette also remained covering HOMB and has decreased its forecast on December 13, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Raymond James revised its rating on July 16, 2021. It rated HOMB as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of HOMB
On Monday, Home Bancshares Inc [NYSE:HOMB] saw its stock jump 0.63% to $28.56. Over the last five days, the stock has gained 1.20%. Home Bancshares Inc shares have risen nearly 0.92% since the year began. Nevertheless, the stocks have risen 20.40% over the past one year. While a 52-week high of $32.90 was reached on 02/07/25, a 52-week low of $22.38 was recorded on 01/10/25. SMA at 50 days reached $29.41, while 200 days put it at $27.66.
Levels Of Support And Resistance For HOMB Stock
The 24-hour chart illustrates a support level at 28.38, which if violated will result in even more drops to 28.21. On the upside, there is a resistance level at 28.70. A further resistance level may holdings at 28.85. The Relative Strength Index (RSI) on the 14-day chart is 43.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.52%. Stochastics %K at 23.37% indicates the stock is a holding.
How much short interest is there in Home Bancshares Inc?
A steep rise in short interest was recorded in Home Bancshares Inc stocks on 2025-02-28, growing by 0.29 million shares to a total of 4.69 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.4 million shares. There was a rise of 6.16%, which implies that there is a positive sentiment for the stock.
