Huntsman Corp’s filing revealed that its Chairman, President & CEO Huntsman Peter R acquired Company’s shares for reported $0.5 million on May 07 ’25. In the deal valued at $11.19 per share,45,000 shares were bought. As a result of this transaction, Huntsman Peter R now holds 6,600,227 shares worth roughly $79.53 million.
Then, Huntsman Peter R bought 42,000 shares, generating $492,954 in total proceeds. Upon buying the shares at $11.74, the Chairman, President & CEO now owns 6,555,227 shares.
Before that, Huntsman Peter R bought 15,000 shares. Huntsman Corp shares valued at $247,500 were divested by the Chairman, President & CEO at a price of $16.50 per share. As a result of the transaction, Huntsman Peter R now holds 6,498,227 shares, worth roughly $78.3 million.
Wells Fargo downgraded its Huntsman Corp [HUN] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Neutral”. Alembic Global Advisors also remained covering HUN and has decreased its forecast on January 15, 2025 with a “Neutral” recommendation from previously “an Overweight” rating. JP Morgan revised its rating on June 07, 2024. It rated HUN as “an Overweight” which previously was an “an Underweight”.
Price Performance Review of HUN
On Friday, Huntsman Corp [NYSE:HUN] saw its stock jump 0.25% to $12.05. Over the last five days, the stock has lost -0.58%. Huntsman Corp shares have fallen nearly -33.17% since the year began. Nevertheless, the stocks have fallen -52.45% over the past one year. While a 52-week high of $25.78 was reached on 02/20/25, a 52-week low of $11.15 was recorded on 05/07/25. SMA at 50 days reached $14.70, while 200 days put it at $18.89.
Levels Of Support And Resistance For HUN Stock
The 24-hour chart illustrates a support level at 11.91, which if violated will result in even more drops to 11.78. On the upside, there is a resistance level at 12.18. A further resistance level may holdings at 12.31. The Relative Strength Index (RSI) on the 14-day chart is 38.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.50%. Stochastics %K at 22.08% indicates the stock is a holding.
