The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Highwoods Properties, Inc shares valued at $205,324 were purchased by DAVID J. HARTZELL on Nov 06 ’24. At $33.26 per share, DAVID J. HARTZELL acquired 6,173 shares.
Also, Hartzell David John sold 6,173 shares, netting a total of over 205,314 in proceeds. Following the sale of shares at $33.26 each, the insider now holds 28,729 shares.
As published in their initiating research note from Jefferies on March 17, 2025, Highwoods Properties, Inc [HIW] has been a Buy and the price target has been revised to $32. Analysts at Deutsche Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early October. As of January 30, 2024, Deutsche Bank has initiated its “Buy” rating for HIW. Earlier on December 21, 2023, Morgan Stanley downgraded its rating. Their new recommendation was “an Underweight” for HIW stock which previously was a “an Equal-weight”.
Analyzing HIW Stock Performance
During the last five days, there has been a surge of approximately 2.29%. Over the course of the year, Highwoods Properties, Inc shares have dropped approximately -4.87%. Shares of the company reached a 52-week high of $30.89 on 01/03/25 and a 52-week low of $24.18 on 04/09/25. A 50-day SMA is recorded $28.34, while a 200-day SMA reached $30.67.
Support And Resistance Levels for Highwoods Properties, Inc (HIW)
According to the 24-hour chart, there is a support level at 28.82, which, if violated, would cause prices to drop to 28.56. In the upper region, resistance lies at 29.41. The next price resistance is at 29.74. RSI (Relative Strength Index) is 57.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.81, which suggests the price will decrease in the coming days. Percent R is at 20.26%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
