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Taking a Closer Look At Halozyme Therapeutics Inc (HALO) Following Its Recent Trade

In a filing, Halozyme Therapeutics Inc revealed its Director Henderson Jeffrey William unloaded Company’s shares for reported $0.27 million on Apr 28 ’25. In the deal valued at $60.37 per share,4,497 shares were sold. As a result of this transaction, Henderson Jeffrey William now holds 28,611 shares worth roughly $1.74 million.

Then, Henderson Jeffrey William sold 503 shares, generating $32,217 in total proceeds. Upon selling the shares at $64.05, the Director now owns 33,108 shares.

Before that, Henderson Jeffrey William sold 5,000 shares. Halozyme Therapeutics Inc shares valued at $293,458 were divested by the Director at a price of $58.69 per share. As a result of the transaction, Henderson Jeffrey William now holds 33,611 shares, worth roughly $2.04 million.

Wells Fargo downgraded its Halozyme Therapeutics Inc [HALO] rating to an Equal weight from a an Overweight in a research note published on October 07, 2024; the price target was increased to $62 from $58. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid September from “an Overweight” to “a Neutral”. Piper Sandler also remained covering HALO and has decreased its forecast on June 07, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. TD Cowen started covering the stock on February 29, 2024. It rated HALO as “an Outperform”.

Price Performance Review of HALO

On Tuesday, Halozyme Therapeutics Inc [NASDAQ:HALO] saw its stock jump 0.41% to $60.82. Over the last five days, the stock has gained 4.48%. Halozyme Therapeutics Inc shares have risen nearly 27.21% since the year began. Nevertheless, the stocks have risen 58.14% over the past one year. While a 52-week high of $66.00 was reached on 03/24/25, a 52-week low of $37.97 was recorded on 01/03/25. SMA at 50 days reached $60.55, while 200 days put it at $56.08.

Levels Of Support And Resistance For HALO Stock

The 24-hour chart illustrates a support level at 59.62, which if violated will result in even more drops to 58.42. On the upside, there is a resistance level at 61.93. A further resistance level may holdings at 63.05. The Relative Strength Index (RSI) on the 14-day chart is 52.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.06, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.53%. Stochastics %K at 76.46% indicates the stock is a holding.

How much short interest is there in Halozyme Therapeutics Inc?

A steep rise in short interest was recorded in Halozyme Therapeutics Inc stocks on 2025-04-15, dropping by -0.45 million shares to a total of 9.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 10.07 million shares. There was a decline of -4.68%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on July 24, 2023 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $61 price target.

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