Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Honest Company Inc shares valued at $57,169 were sold by Winchell Stephen on May 21 ’25. At $5.32 per share, Winchell Stephen sold 10,746 shares. The insider’s holdings dropped to 421,098 shares worth approximately $2.0 million following the completion of this transaction.
Also, Sternweis Thomas sold 5,138 shares, netting a total of over 27,334 in proceeds. Following the sale of shares at $5.32 each, the insider now holds 296,032 shares.
Before that, Vernon Carla had sold 98,950 shares from its account. In a trade valued at $526,414, the Chief Executive Officer traded Honest Company Inc shares for $5.32 each. Upon closing the transaction, the insider’s holdings decreased to 98,950 shares, worth approximately $14.75 million.
As published in a research note from Telsey Advisory Group on January 10, 2025, Honest Company Inc [HNST] has been retained to a Market perform and the price target has been revised to $7. Analysts at Loop Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid December. As of November 13, 2024, Telsey Advisory Group has reiterated its “Market perform” rating for HNST. Earlier on November 13, 2024, Alliance Global Partners resumed its rating. Their recommendation was “a Buy” for HNST stock.
Analyzing HNST Stock Performance
During the last five days, there has been a drop of approximately -7.03%. Over the course of the year, Honest Company Inc shares have dropped approximately -31.31%. Shares of the company reached a 52-week high of $7.10 on 01/02/25 and a 52-week low of $3.78 on 04/07/25.
Support And Resistance Levels for Honest Company Inc (HNST)
According to the 24-hour chart, there is a support level at 4.69, which, if violated, would cause prices to drop to 4.62. In the upper region, resistance lies at 4.82. The next price resistance is at 4.88. RSI (Relative Strength Index) is 42.26 on the 14-day chart, showing neutral technical sentiment.
On September 10, 2024, B. Riley Securities assigned a price target of “a Buy” to the stock and initiated coverage with a $6.50.
