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Hovde Group reiterates Home Bancshares Inc (HOMB) stock to an Outperform

Home Bancshares Inc’s filing revealed that its Chief Accounting Officer FLOYD JENNIFER C. unloaded Company’s shares for reported $68625.0 on Apr 23 ’25. In the deal valued at $27.45 per share,2,500 shares were sold. As a result of this transaction, FLOYD JENNIFER C. now holds 4,301 shares worth roughly $0.12 million.

Then, FLOYD JENNIFER C. bought 2,500 shares, generating $68,620 in total proceeds.

Before that, ALLISON JOHN W bought 10,000 shares. Home Bancshares Inc shares valued at $307,585 were divested by the Chairman & CEO at a price of $30.76 per share. As a result of the transaction, ALLISON JOHN W now holds 5,693,182 shares, worth roughly $159.18 million.

Hovde Group reiterated its Home Bancshares Inc [HOMB] rating to an Outperform in a research note published on January 17, 2025; the price target was $35. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. Keefe Bruyette also remained covering HOMB and has decreased its forecast on December 13, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Raymond James revised its rating on July 16, 2021. It rated HOMB as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of HOMB

On Tuesday, Home Bancshares Inc [NYSE:HOMB] saw its stock jump 0.22% to $27.96. Over the last five days, the stock has gained 2.68%. Home Bancshares Inc shares have fallen nearly -1.20% since the year began. Nevertheless, the stocks have risen 14.03% over the past one year. While a 52-week high of $32.90 was reached on 02/07/25, a 52-week low of $22.42 was recorded on 04/04/25. SMA at 50 days reached $27.92, while 200 days put it at $28.23.

Levels Of Support And Resistance For HOMB Stock

The 24-hour chart illustrates a support level at 27.57, which if violated will result in even more drops to 27.17. On the upside, there is a resistance level at 28.22. A further resistance level may holdings at 28.47. The Relative Strength Index (RSI) on the 14-day chart is 56.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.19%. Stochastics %K at 86.31% indicates the stock is a selling.

How much short interest is there in Home Bancshares Inc?

A steep rise in short interest was recorded in Home Bancshares Inc stocks on 2025-04-15, growing by 0.9 million shares to a total of 6.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 5.16 million shares. There was a rise of 14.83%, which implies that there is a positive sentiment for the stock.

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