Hormel Foods Corp’s filing revealed that its Director Murano Elsa A unloaded Company’s shares for reported $0.14 million on Mar 27 ’25. In the deal valued at $30.40 per share,4,500 shares were sold. As a result of this transaction, Murano Elsa A now holds 95,488 shares worth roughly $2.84 million.
Then, Murano Elsa A bought 4,500 shares, generating $136,800 in total proceeds.
Before that, LYKKEN STEVEN J bought 4,904 shares. Hormel Foods Corp shares valued at $159,246 were divested by the GROUP VICE PRESIDENT at a price of $32.47 per share. As a result of the transaction, LYKKEN STEVEN J now holds 7,100 shares, worth roughly $0.21 million.
BofA Securities upgraded its Hormel Foods Corp [HRL] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who began to cover the stock in late October with a ‘”an Underperform”‘ rating. Citigroup revised its rating on August 13, 2024. It rated HRL as “a Buy” which previously was an “a Neutral”.
Price Performance Review of HRL
On Friday, Hormel Foods Corp [NYSE:HRL] saw its stock fall -1.62% to $29.70. Over the last five days, the stock has lost -2.88%. Hormel Foods Corp shares have fallen nearly -5.32% since the year began. Nevertheless, the stocks have fallen -15.48% over the past one year. While a 52-week high of $36.86 was reached on 04/04/25, a 52-week low of $27.59 was recorded on 02/27/25. SMA at 50 days reached $29.72, while 200 days put it at $30.92.
Levels Of Support And Resistance For HRL Stock
The 24-hour chart illustrates a support level at 29.47, which if violated will result in even more drops to 29.24. On the upside, there is a resistance level at 30.04. A further resistance level may holdings at 30.38. The Relative Strength Index (RSI) on the 14-day chart is 45.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.99%. Stochastics %K at 48.86% indicates the stock is a holding.
How much short interest is there in Hormel Foods Corp?
A steep rise in short interest was recorded in Hormel Foods Corp stocks on 2025-04-15, dropping by -0.84 million shares to a total of 11.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 12.69 million shares. There was a decline of -7.07%, which implies that there is a negative sentiment for the stock.
