Hamilton Insurance Group Ltd’s recently made public that its CEO, Hamilton Re Thomas Megan Jane unloaded Company’s shares for reported $1.07 million on Mar 14 ’25. In the deal valued at $20.06 per share,53,256 shares were sold. As a result of this transaction, Thomas Megan Jane now holds 229,674 shares worth roughly $4.76 million.
Then, Bernhard Keith Donald sold 15,000 shares, generating $304,500 in total proceeds. Upon selling the shares at $20.30, the Group Chief Audit Officer now owns 100,903 shares.
Before that, Hamilton Investments LP bought 1,666,390 shares. Hamilton Insurance Group Ltd shares valued at $33,227,817 were divested by the Affiliate at a price of $19.94 per share.
Barclays initiated its Hamilton Insurance Group Ltd [HG] rating to an Overweight in a research note published on September 05, 2024; the price target was $26. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid August from “an Overweight” to “an Equal-weight”. Wells Fargo also remained covering HG and has increased its forecast on April 11, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. JMP Securities started covering the stock on December 05, 2023. It rated HG as “a Mkt outperform”.
Price Performance Review of HG
On Tuesday, Hamilton Insurance Group Ltd [NYSE:HG] saw its stock jump 2.02% to $20.72. Over the last five days, the stock has gained 0.05%. Hamilton Insurance Group Ltd shares have risen nearly 8.88% since the year began. Nevertheless, the stocks have risen 53.48% over the past one year. While a 52-week high of $21.05 was reached on 03/06/25, a 52-week low of $12.44 was recorded on 02/20/25. SMA at 50 days reached $19.23, while 200 days put it at $18.29.
Levels Of Support And Resistance For HG Stock
The 24-hour chart illustrates a support level at 20.40, which if violated will result in even more drops to 20.07. On the upside, there is a resistance level at 20.98. A further resistance level may holdings at 21.23. The Relative Strength Index (RSI) on the 14-day chart is 63.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.74%. Stochastics %K at 75.90% indicates the stock is a holding.
How much short interest is there in Hamilton Insurance Group Ltd?
A steep rise in short interest was recorded in Hamilton Insurance Group Ltd stocks on 2025-02-28, growing by 0.11 million shares to a total of 1.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.35 million shares. There was a rise of 7.31%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 05, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $19 price target.
