Harley-Davidson (HOG) has risen sharply, recording gains of 6.58% in the past 4 weeks. However, the stock has corrected -1.29% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.12% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 2.77% and the 50-Day Moving Average is 5.07%.
Harley-Davidson (NYSE:HOG): The stock opened at $48.43 on Friday but the bulls could not build on the opening and the stock topped out at $48.43 for the day. The stock traded down to $47.80 during the day, due to lack of any buying support eventually closed down at $48.10 with a loss of -0.91% for the day. The stock had closed at $48.54 on the previous day. The total traded volume was 2,370,969 shares.
The company Insiders own 0.99% of Harley-Davidson shares according to the proxy statements. Institutional Investors own 90.99% of Harley-Davidson shares. In a related news, The Securities and Exchange Commission has divulged that Kumbier Michelle, officer (SVP, Motor Co. Product & Ops) of Harley Davidson Inc, had unloaded 26,667 shares at an average price of $46.25 in a transaction dated on May 10, 2016. The total value of the transaction was worth $1,233,349.
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.