Helmerich & Payne, Inc (HP) rating downgrades by Citigroup

Helmerich & Payne, Inc’s recently made public that its Director Foutch Randy A acquired Company’s shares for reported $99750.0 on Feb 18 ’25. In the deal valued at $26.25 per share,3,800 shares were bought. As a result of this transaction, Foutch Randy A now holds 30,624 shares worth roughly $0.56 million.

Then, Chariag Belgacem bought 37,356 shares, generating $1,011,600 in total proceeds. Upon buying the shares at $27.08, the Director now owns 54,606 shares.

Before that, LINDSAY JOHN W bought 20,000 shares. Helmerich & Payne, Inc shares valued at $551,000 were divested by the PRESIDENT AND CEO at a price of $27.55 per share. As a result of the transaction, LINDSAY JOHN W now holds 691,214 shares, worth roughly $12.64 million.

Citigroup downgraded its Helmerich & Payne, Inc [HP] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Hold”‘ rating for it. Evercore ISI revised its rating on January 15, 2025. It rated HP as “an In-line” which previously was an “an Outperform”.

Price Performance Review of HP

On Friday, Helmerich & Payne, Inc [NYSE:HP] saw its stock jump 1.67% to $18.29. Over the last five days, the stock has gained 9.19%. Helmerich & Payne, Inc shares have fallen nearly -42.88% since the year began. Nevertheless, the stocks have fallen -48.31% over the past one year. While a 52-week high of $42.39 was reached on 01/17/25, a 52-week low of $14.65 was recorded on 05/22/25.

Levels Of Support And Resistance For HP Stock

The 24-hour chart illustrates a support level at 17.88, which if violated will result in even more drops to 17.47. On the upside, there is a resistance level at 18.77. A further resistance level may holdings at 19.25.

How much short interest is there in Helmerich & Payne, Inc?

A steep rise in short interest was recorded in Helmerich & Payne, Inc stocks on 2025-05-30, growing by 24369.0 shares to a total of 8.11 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 8.08 million shares. There was a rise of 0.3%, which implies that there is a positive sentiment for the stock.

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