Harley-Davidson (NYSE:HOG) has climbed 1.48% in the past week and advanced 2.78% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.7% and the outperformance has advanced to 1.84% for the last 4 weeks period.
Harley-Davidson (NYSE:HOG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.50 and $44.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.13, notching a gain of 1.21% for the day. The total traded volume was 2,946,139 . The stock had closed at $44.59 on the previous day.
The company shares have dropped -23.18% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $60.67 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $45.48 and the 200 Day Moving Average price is recorded at $45.10.
On the companys insider trading activities,The officer (SVP, Motor Co. Product & Ops) of Harley Davidson Inc, Kumbier Michelle sold 26,667 shares at $46.25 on May 10, 2016. The Insider selling transaction had a total value worth of $1,233,349. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Goldman Sachs downgrades their rating on the shares of Harley-Davidson (NYSE:HOG). The current rating of the shares is Neutral. Earlier, the shares were rated a Buy by the brokerage firm. Equity Analysts at the Firm lowers the price target to $50 per share from $55 per share. The rating by the firm was issued on June 6, 2016. Currently the company Insiders own 0.99% of Harley-Davidson shares according to the proxy statements. Institutional Investors own 90.98% of Harley-Davidson shares.
Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) segment and the Financial Services segment. The Motorcycles segment consists of HDMC, which designs, manufactures and sells street-legal Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services. The Companys products are sold to retail customers through a network of independent dealers. The Financial Services segment consists of HDFS, which provides wholesale and retail financing, and insurance and insurance-related programs to Harley-Davidson dealers and their retail customers. The Company conducts its business around the world, including in North America, Europe, the Middle East and Africa (EMEA); Asia-Pacific, and Latin America.