In a filing, Federated Hermes Inc revealed its VP, Chief Compliance Officer Van Meter Stephen unloaded Company’s shares for reported $16287.0 on Mar 04 ’25. In the deal valued at $38.23 per share,426 shares were sold. As a result of this transaction, Van Meter Stephen now holds 34,193 shares worth roughly $1.38 million.
Then, Zierden Theodore W III sold 4,082 shares, generating $153,046 in total proceeds. Upon selling the shares at $37.49, the Vice President now owns 127,239 shares.
Before that, Nusseibeh Saker Anwar sold 6,921 shares. Federated Hermes Inc shares valued at $260,032 were divested by the CEO, Federated Hermes Limited at a price of $37.57 per share. As a result of the transaction, Nusseibeh Saker Anwar now holds 172,175 shares, worth roughly $6.95 million.
JP Morgan downgraded its Federated Hermes Inc [FHI] rating to an Underweight from a a Neutral in a research note published on February 05, 2025; the price target was decreased to $41 from $42. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. JP Morgan also remained covering FHI and has decreased its forecast on January 07, 2025 with a “Neutral” recommendation from previously “an Overweight” rating. TD Cowen revised its rating on October 28, 2024. It rated FHI as “a Buy” which previously was an “a Hold”.
Price Performance Review of FHI
On Monday, Federated Hermes Inc [NYSE:FHI] saw its stock jump 2.51% to $40.37. Over the last five days, the stock has gained 2.02%. Federated Hermes Inc shares have fallen nearly -1.80% since the year began. Nevertheless, the stocks have risen 16.71% over the past one year. While a 52-week high of $43.92 was reached on 01/06/25, a 52-week low of $31.23 was recorded on 03/12/25. SMA at 50 days reached $38.70, while 200 days put it at $37.31.
Levels Of Support And Resistance For FHI Stock
The 24-hour chart illustrates a support level at 39.94, which if violated will result in even more drops to 39.52. On the upside, there is a resistance level at 40.61. A further resistance level may holdings at 40.86. The Relative Strength Index (RSI) on the 14-day chart is 61.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.73%. Stochastics %K at 89.10% indicates the stock is a selling.
How much short interest is there in Federated Hermes Inc?
A steep rise in short interest was recorded in Federated Hermes Inc stocks on 2025-02-28, growing by 1.04 million shares to a total of 2.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.64 million shares. There was a rise of 38.76%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 05, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $35 price target.
