A company insider recently bought 3,800 shares of Helmerich & Payne, Inc [HP]. Should You Buy?

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Helmerich & Payne, Inc shares valued at $99,750 were purchased by Foutch Randy A on Feb 18 ’25. At $26.25 per share, Foutch Randy A acquired 3,800 shares. The insider’s holdings grew to 30,624 shares worth approximately $0.5 million following the completion of this transaction.

Also, Chariag Belgacem purchased 37,356 shares, netting a total of over 1,011,600 in proceeds. Following the buying of shares at $27.08 each, the insider now holds 54,606 shares.

Before that, LINDSAY JOHN W had added 20,000 shares to its account. In a trade valued at $551,000, the PRESIDENT AND CEO bought Helmerich & Payne, Inc shares for $27.55 each. Upon closing the transaction, the insider’s holdings increased to 20,000 shares, worth approximately $11.35 million.

As published in a research note from Citigroup on May 19, 2025, Helmerich & Payne, Inc [HP] has been rated down from a Buy to a Neutral and the price target has been revised to $19. Analysts at TD Cowen resumed the stock at ‘”a Hold”‘ outlook in a report released in early May. Earlier on January 15, 2025, Evercore ISI downgraded its rating. Their new recommendation was “an In-line” for HP stock which previously was a “an Outperform”.

Analyzing HP Stock Performance

During the last five days, there has been a surge of approximately 8.03%. Over the course of the year, Helmerich & Payne, Inc shares have dropped approximately -48.72%. Shares of the company reached a 52-week high of $37.30 on 01/17/25 and a 52-week low of $14.65 on 05/22/25.

Support And Resistance Levels for Helmerich & Payne, Inc (HP)

According to the 24-hour chart, there is a support level at 16.04, which, if violated, would cause prices to drop to 15.65. In the upper region, resistance lies at 16.89. The next price resistance is at 17.35. RSI (Relative Strength Index) is 41.82 on the 14-day chart, showing neutral technical sentiment.

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