Holley Inc’s recent filing unveils that its Director LOBEL DAVID S unloaded Company’s shares for reported $1.98 million on Mar 20 ’25. In the deal valued at $2.47 per share,802,127 shares were sold. As a result of this transaction, LOBEL DAVID S now holds 40,754,834 shares worth roughly $104.74 million.
Then, Holley Parent Holdings, LLC bought 802,127 shares, generating $1,981,254 in total proceeds.
Before that, LOBEL DAVID S sold 1,743,356 shares. Holley Inc shares valued at $5,230,068 were divested by the Director at a price of $3.00 per share. As a result of the transaction, LOBEL DAVID S now holds 41,556,961 shares, worth roughly $106.8 million.
Telsey Advisory Group reiterated its Holley Inc [HLLY] rating to an Outperform in a research note published on November 11, 2024; the price target was $4.50. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early August has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering HLLY and reiterated its “an Outperform” recommendation on May 09, 2024. JP Morgan revised its rating on February 20, 2024. It rated HLLY as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of HLLY
On Monday, Holley Inc [NYSE:HLLY] saw its stock fall -2.28% to $2.57. Holley Inc shares have fallen nearly -14.90% since the year began. Nevertheless, the stocks have fallen -42.25% over the past one year. While a 52-week high of $4.57 was reached on 01/27/25, a 52-week low of $2.26 was recorded on 03/14/25. SMA at 50 days reached $2.77, while 200 days put it at $3.02.
Levels Of Support And Resistance For HLLY Stock
The 24-hour chart illustrates a support level at 2.53, which if violated will result in even more drops to 2.50. On the upside, there is a resistance level at 2.61. A further resistance level may holdings at 2.66. The Relative Strength Index (RSI) on the 14-day chart is 47.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.25%. Stochastics %K at 46.25% indicates the stock is a holding.
How much short interest is there in Holley Inc?
A steep rise in short interest was recorded in Holley Inc stocks on 2025-03-14, dropping by -0.23 million shares to a total of 1.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.08 million shares. There was a decline of -12.24%, which implies that there is a negative sentiment for the stock.
