HireRight Holdings Co. (NYSE:HRT) Director Buys $1,218,297.78 in Stock

HireRight Holdings Co. (NYSE:HRTGet Rating) Director Atlantic Genpar (Bermu General purchased 110,054 shares of the stock in a transaction that occurred on Wednesday, November 23rd. The shares were acquired at an average cost of $11.07 per share, for a total transaction of $1,218,297.78. Following the completion of the transaction, the director now owns 30,794,994 shares of the company’s stock, valued at approximately $340,900,583.58. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Atlantic Genpar (Bermu General also recently made the following trade(s):

  • On Monday, November 21st, Atlantic Genpar (Bermu General purchased 110,054 shares of HireRight stock. The shares were acquired at an average cost of $10.46 per share, for a total transaction of $1,151,164.84.
  • On Friday, November 18th, Atlantic Genpar (Bermu General purchased 78,353 shares of HireRight stock. The shares were acquired at an average cost of $9.41 per share, for a total transaction of $737,301.73.
  • On Wednesday, November 16th, Atlantic Genpar (Bermu General purchased 400,000 shares of HireRight stock. The shares were acquired at an average cost of $9.72 per share, for a total transaction of $3,888,000.00.

HireRight Stock Performance

HRT opened at $10.78 on Thursday. The company’s 50 day moving average is $13.49 and its 200-day moving average is $14.71. HireRight Holdings Co. has a 1-year low of $6.88 and a 1-year high of $19.46.

Institutional Investors Weigh In On HireRight

Hedge funds have recently made changes to their positions in the stock. Ensign Peak Advisors Inc acquired a new stake in shares of HireRight in the 3rd quarter valued at approximately $35,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of HireRight in the 3rd quarter valued at approximately $37,000. Amalgamated Bank acquired a new stake in HireRight during the 1st quarter worth approximately $54,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in HireRight during the 3rd quarter worth approximately $84,000. Finally, Quantbot Technologies LP acquired a new stake in HireRight during the 1st quarter worth approximately $120,000.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HRT. Royal Bank of Canada lowered shares of HireRight from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from $15.00 to $12.00 in a research report on Friday, November 4th. Barclays raised their target price on shares of HireRight from $9.00 to $10.00 and gave the company an “equal weight” rating in a report on Monday. Robert W. Baird decreased their target price on shares of HireRight from $23.00 to $15.00 in a report on Friday, November 4th. Truist Financial decreased their target price on shares of HireRight from $18.00 to $9.00 in a report on Monday, November 7th. Finally, StockNews.com raised shares of HireRight from a “hold” rating to a “buy” rating in a report on Monday, November 7th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $14.57.

HireRight Company Profile

(Get Rating)

HireRight Holdings Corporation provides technology-driven workforce risk management and compliance solutions worldwide. The company offers background screening, verification, identification, monitoring, and drug and health screening services for customers. It provides its services through software and data platform that integrates into its customers' human capital management systems enabling workflows for workforce hiring, onboarding, and monitoring.

See Also

Insider Buying and Selling by Quarter for HireRight (NYSE:HRT)

Receive News & Ratings for HireRight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HireRight and related companies with MarketBeat.com's FREE daily email newsletter.