Hormel Foods Corp’s recently made public that its Director Murano Elsa A unloaded Company’s shares for reported $0.14 million on Mar 27 ’25. In the deal valued at $30.40 per share,4,500 shares were sold. As a result of this transaction, Murano Elsa A now holds 95,488 shares worth roughly $2.82 million.
Then, Murano Elsa A bought 4,500 shares, generating $136,800 in total proceeds.
Before that, LYKKEN STEVEN J bought 4,904 shares. Hormel Foods Corp shares valued at $159,246 were divested by the GROUP VICE PRESIDENT at a price of $32.47 per share. As a result of the transaction, LYKKEN STEVEN J now holds 7,100 shares, worth roughly $0.21 million.
BofA Securities upgraded its Hormel Foods Corp [HRL] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who began to cover the stock in late October with a ‘”an Underperform”‘ rating. Citigroup revised its rating on August 13, 2024. It rated HRL as “a Buy” which previously was an “a Neutral”.
Price Performance Review of HRL
On Monday, Hormel Foods Corp [NYSE:HRL] saw its stock jump 1.16% to $29.55. Over the last five days, the stock has gained 1.16%. Hormel Foods Corp shares have fallen nearly -5.80% since the year began. Nevertheless, the stocks have fallen -15.86% over the past one year. While a 52-week high of $36.86 was reached on 04/04/25, a 52-week low of $27.59 was recorded on 02/27/25. SMA at 50 days reached $29.85, while 200 days put it at $30.82.
Levels Of Support And Resistance For HRL Stock
The 24-hour chart illustrates a support level at 29.16, which if violated will result in even more drops to 28.78. On the upside, there is a resistance level at 29.79. A further resistance level may holdings at 30.04. The Relative Strength Index (RSI) on the 14-day chart is 47.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.56%. Stochastics %K at 27.35% indicates the stock is a holding.
