Helmerich & Payne, Inc’s recent filing unveils that its Director Foutch Randy A acquired Company’s shares for reported $99750.0 on Feb 18 ’25. In the deal valued at $26.25 per share,3,800 shares were bought. As a result of this transaction, Foutch Randy A now holds 30,624 shares worth roughly $0.77 million.
Then, Chariag Belgacem bought 37,356 shares, generating $1,011,600 in total proceeds. Upon buying the shares at $27.08, the Director now owns 54,606 shares.
Before that, LINDSAY JOHN W bought 20,000 shares. Helmerich & Payne, Inc shares valued at $551,000 were divested by the PRESIDENT AND CEO at a price of $27.55 per share. As a result of the transaction, LINDSAY JOHN W now holds 691,214 shares, worth roughly $17.46 million.
A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid January from “an Outperform” to “an In-line”. Citigroup also remained covering HP and has increased its forecast on January 10, 2025 with a “Buy” recommendation from previously “Neutral” rating. The Benchmark Company revised its rating on January 16, 2024. It rated HP as “a Hold” which previously was an “a Buy”.
Price Performance Review of HP
On Friday, Helmerich & Payne, Inc [NYSE:HP] saw its stock fall -1.86% to $25.26. Over the last five days, the stock has gained 1.85%. Helmerich & Payne, Inc shares have fallen nearly -21.11% since the year began. Nevertheless, the stocks have fallen -38.34% over the past one year. While a 52-week high of $43.70 was reached on 01/17/25, a 52-week low of $23.80 was recorded on 03/04/25. SMA at 50 days reached $28.22, while 200 days put it at $32.75.
Levels Of Support And Resistance For HP Stock
The 24-hour chart illustrates a support level at 24.89, which if violated will result in even more drops to 24.52. On the upside, there is a resistance level at 25.64. A further resistance level may holdings at 26.01. The Relative Strength Index (RSI) on the 14-day chart is 42.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.61%. Stochastics %K at 58.61% indicates the stock is a holding.
How much short interest is there in Helmerich & Payne, Inc?
A steep rise in short interest was recorded in Helmerich & Payne, Inc stocks on 2025-03-14, dropping by -0.91 million shares to a total of 7.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.57 million shares. There was a decline of -11.83%, which implies that there is a negative sentiment for the stock.
