The price of Huntington Bancshares, Inc (NASDAQ:HBAN) shares last traded on Wall Street fell -0.93% to $14.88.
HBAN stock price is now 2.16% away from the 50-day moving average and -4.03% away from the 200-day moving average. The market capitalization of the company currently stands at $21.68B.
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With the price target maintained at $17.50, Deutsche Bank recently Upgraded its rating from Hold to Buy for Huntington Bancshares, Inc (NASDAQ: HBAN). On March 07, 2025, Robert W. Baird Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock keeping its target price maintained at $18, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, Wasserman Zachary Jacob, CFO and Senior Exec. V.P. sold 59,060 shares of the company’s stock on Apr 30 ’25. The stock was sold for $848,282 at an average price of $14.36. Upon completion of the transaction, the CFO and Senior Exec. V.P. now directly owns 277,348 shares in the company, valued at $4.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 01 ’25, Senior Exec. V. P. Houston Helga sold 42,345 shares of the business’s stock. A total of $623,402 was realized by selling the stock at an average price of $14.72. This leaves the insider owning 592,119 shares of the company worth $8.81 million. A total of 1.19% of the company’s stock is owned by insiders.
During the past 12 months, Huntington Bancshares, Inc has had a low of $11.91 and a high of $18.44.
The net profit margin was 16.05% and return on equity was 10.30% for HBAN. The company reported revenue of $2.49 billion for the quarter, compared to $2.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.58 percent.
