Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Honest Company Inc shares valued at $99,600 were sold by Winchell Stephen on Mar 12 ’25. At $4.98 per share, Winchell Stephen sold 20,000 shares. The insider’s holdings dropped to 431,844 shares worth approximately $2.15 million following the completion of this transaction.
Also, Mayle Jonathan sold 37,481 shares, netting a total of over 182,532 in proceeds. Following the sale of shares at $4.87 each, the insider now holds 307,740 shares.
Before that, Winchell Stephen had added 20,000 shares to its account. In a trade valued at $99,553, the Officer bought Honest Company Inc shares for $4.98 each.
As published in a research note from Telsey Advisory Group on January 10, 2025, Honest Company Inc [HNST] has been retained to a Market perform and the price target has been revised to $7. Analysts at Loop Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid December. As of November 13, 2024, Telsey Advisory Group has reiterated its “Market perform” rating for HNST. Earlier on November 13, 2024, Alliance Global Partners resumed its rating. Their recommendation was “a Buy” for HNST stock.
Analyzing HNST Stock Performance
During the last five days, there has been a drop of approximately -1.19%. Over the course of the year, Honest Company Inc shares have dropped approximately -27.99%. Shares of the company reached a 52-week high of $7.10 on 01/02/25 and a 52-week low of $4.55 on 02/27/25. A 50-day SMA is recorded $5.70, while a 200-day SMA reached $4.85.
Support And Resistance Levels for Honest Company Inc (HNST)
According to the 24-hour chart, there is a support level at 4.91, which, if violated, would cause prices to drop to 4.84. In the upper region, resistance lies at 5.08. The next price resistance is at 5.18. RSI (Relative Strength Index) is 42.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 41.07%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
Which companies own the most shares of Honest Company Inc (HNST)?
On September 10, 2024, B. Riley Securities assigned a price target of “a Buy” to the stock and initiated coverage with a $6.50.
