Highwoods Properties, Inc’s filing revealed that its Director DAVID J. HARTZELL acquired Company’s shares for reported $0.21 million on Nov 06 ’24. In the deal valued at $33.26 per share,6,173 shares were bought.
Then, Hartzell David John sold 6,173 shares, generating $205,314 in total proceeds. Upon selling the shares at $33.26, the Director now owns 28,729 shares.
Jefferies initiated its Highwoods Properties, Inc [HIW] rating to a Buy in a research note published on March 17, 2025; the price target was $32. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Hold”. Deutsche Bank began covering HIW with “Buy” recommendation on January 30, 2024. Morgan Stanley revised its rating on December 21, 2023. It rated HIW as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of HIW
On Tuesday, Highwoods Properties, Inc [NYSE:HIW] saw its stock fall -3.21% to $25.31. Over the last five days, the stock has lost -14.20%. Highwoods Properties, Inc shares have fallen nearly -17.23% since the year began. Nevertheless, the stocks have risen 2.97% over the past one year. While a 52-week high of $36.78 was reached on 01/03/25, a 52-week low of $23.52 was recorded on 04/08/25. SMA at 50 days reached $28.83, while 200 days put it at $30.57.
Levels Of Support And Resistance For HIW Stock
The 24-hour chart illustrates a support level at 24.51, which if violated will result in even more drops to 23.72. On the upside, there is a resistance level at 26.61. A further resistance level may holdings at 27.92. The Relative Strength Index (RSI) on the 14-day chart is 26.97, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.11%. Stochastics %K at 14.57% indicates the stock is a buying.
How much short interest is there in Highwoods Properties, Inc?
A steep rise in short interest was recorded in Highwoods Properties, Inc stocks on 2025-03-14, dropping by -0.44 million shares to a total of 4.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.44 million shares. There was a decline of -10.97%, which implies that there is a negative sentiment for the stock.
