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A company insider recently sold 2,808 shares of OneMain Holdings Inc [OMF]. Should You Sale?

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 $0.8 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 $19.82 million.

As published in their initiating research note from Evercore ISI on March 25, 2025, OneMain Holdings Inc [OMF] has been an In-line. Analysts at Stephens started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid November. As of October 08, 2024, Barclays has decreased its “an Overweight” rating to a “an Equal weight” for OMF. Earlier on June 07, 2024, BTIG Research initiated its rating. Their recommendation was “a Neutral” for OMF stock.

Analyzing OMF Stock Performance

During the last five days, there has been a surge of approximately 0.96%. Over the course of the year, OneMain Holdings Inc shares have dropped approximately -3.15%. 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 $53.27, while a 200-day SMA reached $50.77.

Support And Resistance Levels for OneMain Holdings Inc (OMF)

According to the 24-hour chart, there is a support level at 50.02, which, if violated, would cause prices to drop to 49.56. In the upper region, resistance lies at 51.09. The next price resistance is at 51.70. RSI (Relative Strength Index) is 48.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.04, which suggests the price will increase in the coming days. Percent R is at 35.04%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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