In Friday’s Wall Street session, Hamilton Lane Inc (NASDAQ:HLNE) shares traded at $165.41, up 0.95% from the previous session.
HLNE stock price is now 8.78% away from the 50-day moving average and 3.10% away from the 200-day moving average. The market capitalization of the company currently stands at $9.43B.
On January 21, 2025, Oppenheimer Upgraded its previous ‘Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $186, while ‘Goldman’ rates the stock as ‘Sell’
In other news, Rogers Hartley R., Executive Co-Chairman sold 10,255 shares of the company’s stock on Feb 12 ’25. The stock was sold for $1,630,545 at an average price of $159.00. Upon completion of the transaction, the Executive Co-Chairman now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 27 ’24, Officer STEPHEN R BRENNAN bought 15,000 shares of the business’s stock. A total of $2,964,834 was incurred on buying the stock at an average price of $197.66. A total of 34.48% of the company’s stock is owned by insiders.
During the past 12 months, Hamilton Lane Inc has had a low of $114.85 and a high of $203.72. According to the stock market information, the enterprise value for the company is $7219867648, which is based on a 30.88 price-to-earnings ratio, a 2.17 price-to-earnings-growth ratio, and a beta of 1.31. The fifty day moving average price for HLNE is $152.066 and a two-hundred day moving average price translates $160.44086 for the stock.
The latest earnings results from Hamilton Lane Inc (NASDAQ: HLNE) was released for 2024-12-31. The net profit margin was 31.13% and return on equity was 38.54% for HLNE. The company reported revenue of $168.26 million for the quarter, compared to $125.26 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 34.33 percent. For the current quarter, analysts expect HLNE to generate $170.69M in revenue.
