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Hancock Whitney Corp [HWC] Investment Appeal on the Rise

Hancock Whitney Corp’s filing revealed that its Director PICKERING CHRISTINE L unloaded Company’s shares for reported $40299.0 on Apr 21 ’25. In the deal valued at $48.09 per share,838 shares were sold. As a result of this transaction, PICKERING CHRISTINE L now holds 23,019 shares worth roughly $1.34 million.

Then, HAIRSTON JOHN M sold 18,000 shares, generating $1,069,920 in total proceeds. Upon selling the shares at $59.44, the President & CEO now owns 254,026 shares.

Before that, HAIRSTON JOHN M bought 18,000 shares. Hancock Whitney Corp shares valued at $1,096,200 were divested by the CEO at a price of $60.90 per share.

Stephens upgraded its Hancock Whitney Corp [HWC] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in mid July has reiterated a ‘”an Outperform”‘ rating for it. Keefe Bruyette also remained covering HWC and has increased its forecast on May 31, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Citigroup revised its rating on April 17, 2024. It rated HWC as “a Buy” which previously was an “a Neutral”.

Price Performance Review of HWC

On Tuesday, Hancock Whitney Corp [NASDAQ:HWC] saw its stock jump 0.78% to $58.03. Over the last five days, the stock has gained 8.73%. Hancock Whitney Corp shares have risen nearly 6.05% since the year began. Nevertheless, the stocks have risen 21.50% over the past one year. While a 52-week high of $62.40 was reached on 01/22/25, a 52-week low of $43.60 was recorded on 04/07/25. SMA at 50 days reached $51.53, while 200 days put it at $53.94.

Levels Of Support And Resistance For HWC Stock

The 24-hour chart illustrates a support level at 56.88, which if violated will result in even more drops to 55.73. On the upside, there is a resistance level at 58.70. A further resistance level may holdings at 59.37. The Relative Strength Index (RSI) on the 14-day chart is 70.91, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.43%. Stochastics %K at 92.72% indicates the stock is a selling.

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