Holley Inc’s recent filing unveils that its Director LOBEL DAVID S unloaded Company’s shares for reported $1.98 million on Mar 20 ’25. In the deal valued at $2.47 per share,802,127 shares were sold. As a result of this transaction, LOBEL DAVID S now holds 40,754,834 shares worth roughly $87.22 million.
Then, Holley Parent Holdings, LLC bought 802,127 shares, generating $1,981,254 in total proceeds.
Before that, LOBEL DAVID S sold 1,743,356 shares. Holley Inc shares valued at $5,230,068 were divested by the Director at a price of $3.00 per share. As a result of the transaction, LOBEL DAVID S now holds 41,556,961 shares, worth roughly $88.93 million.
The Benchmark Company downgraded its Holley Inc [HLLY] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in mid November has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering HLLY and reiterated its “an Outperform” recommendation on August 08, 2024. Telsey Advisory Group maintained its rating on May 09, 2024. It rated HLLY as “an Outperform”.
Price Performance Review of HLLY
On Tuesday, Holley Inc [NYSE:HLLY] saw its stock fall -1.38% to $2.14. Over the last five days, the stock has lost -1.83%. Holley Inc shares have fallen nearly -29.14% since the year began. Nevertheless, the stocks have fallen -45.27% over the past one year. While a 52-week high of $4.08 was reached on 01/27/25, a 52-week low of $1.60 was recorded on 05/08/25. SMA at 50 days reached $2.29, while 200 days put it at $2.77.
Levels Of Support And Resistance For HLLY Stock
The 24-hour chart illustrates a support level at 2.11, which if violated will result in even more drops to 2.09. On the upside, there is a resistance level at 2.18. A further resistance level may holdings at 2.23. The Relative Strength Index (RSI) on the 14-day chart is 48.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.03%. Stochastics %K at 75.68% indicates the stock is a holding.
