Heartland Express, Inc’s recent filing unveils that its Co-Trustee of 10% Owner Ann S. Gerdin Revocable Trust acquired Company’s shares for reported $1.14 million on May 07 ’25. In the deal valued at $7.70 per share,148,272 shares were bought. As a result of this transaction, Ann S. Gerdin Revocable Trust now holds 1,046,856 shares worth roughly $9.33 million.
Then, Ann S. Gerdin Revocable Trust bought 148,272 shares, generating $1,127,416 in total proceeds. Upon buying the shares at $7.60, the Co-Trustee of 10% Owner now owns 1,600,100 shares.
Before that, Ann S. Gerdin Revocable Trust bought 100,149 shares. Heartland Express, Inc shares valued at $823,756 were divested by the Co-Trustee of 10% Owner at a price of $8.23 per share. As a result of the transaction, Ann S. Gerdin Revocable Trust now holds 1,700,249 shares, worth roughly $15.15 million.
UBS downgraded its Heartland Express, Inc [HTLD] rating to a Neutral from a a Buy in a research note published on July 09, 2024; the price target was decreased to $13 from $15. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early July from “a Neutral” to “an Underweight”. UBS also remained covering HTLD and has increased its forecast on November 11, 2022 with a “Buy” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on March 15, 2022. It rated HTLD as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of HTLD
On Monday, Heartland Express, Inc [NASDAQ:HTLD] saw its stock jump 5.32% to $8.91. Over the last five days, the stock has gained 15.41%. Heartland Express, Inc shares have fallen nearly -20.59% since the year began. Nevertheless, the stocks have fallen -20.45% over the past one year. While a 52-week high of $13.67 was reached on 01/23/25, a 52-week low of $7.11 was recorded on 05/01/25. SMA at 50 days reached $8.82, while 200 days put it at $11.02.
Levels Of Support And Resistance For HTLD Stock
The 24-hour chart illustrates a support level at 8.74, which if violated will result in even more drops to 8.57. On the upside, there is a resistance level at 9.08. A further resistance level may holdings at 9.25. The Relative Strength Index (RSI) on the 14-day chart is 59.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.61%. Stochastics %K at 85.70% indicates the stock is a selling.
