HireRight Holdings Co. (NYSE:HRT) Director Purchases $1,151,164.84 in Stock

HireRight Holdings Co. (NYSE:HRTGet Rating) Director Atlantic Genpar (Bermu General purchased 110,054 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The stock was acquired at an average cost of $10.46 per share, with a total value of $1,151,164.84. Following the purchase, the director now directly owns 30,384,940 shares of the company’s stock, valued at $317,826,472.40. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Wednesday, November 23rd, Atlantic Genpar (Bermu General purchased 110,054 shares of HireRight stock. The stock was acquired at an average cost of $11.07 per share, with a total value of $1,218,297.78.
  • On Friday, November 18th, Atlantic Genpar (Bermu General acquired 78,353 shares of HireRight stock. The stock was purchased at an average price of $9.41 per share, with a total value of $737,301.73.
  • On Wednesday, November 16th, Atlantic Genpar (Bermu General acquired 400,000 shares of HireRight stock. The stock was purchased at an average price of $9.72 per share, with a total value of $3,888,000.00.

HireRight Stock Performance

Shares of NYSE:HRT opened at $10.78 on Thursday. HireRight Holdings Co. has a 1-year low of $6.88 and a 1-year high of $19.46. The business has a fifty day moving average price of $13.49 and a 200-day moving average price of $14.71.

Institutional Investors Weigh In On HireRight

Several large investors have recently bought and sold shares of HRT. Stone Point Capital LLC increased its holdings in HireRight by 11.2% in the 2nd quarter. Stone Point Capital LLC now owns 18,401,140 shares of the company’s stock worth $261,480,000 after buying an additional 1,848,716 shares in the last quarter. Simcoe Capital Management LLC increased its holdings in HireRight by 1,111.2% in the 1st quarter. Simcoe Capital Management LLC now owns 1,260,525 shares of the company’s stock worth $21,555,000 after buying an additional 1,156,452 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in HireRight by 44.6% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,405,691 shares of the company’s stock worth $41,137,000 after buying an additional 741,909 shares in the last quarter. Jennison Associates LLC increased its holdings in HireRight by 35.3% in the 1st quarter. Jennison Associates LLC now owns 975,307 shares of the company’s stock worth $16,678,000 after buying an additional 254,352 shares in the last quarter. Finally, Blair William & Co. IL increased its holdings in HireRight by 234.9% in the 1st quarter. Blair William & Co. IL now owns 347,435 shares of the company’s stock worth $5,941,000 after buying an additional 243,690 shares in the last quarter.

Wall Street Analyst Weigh In

HRT has been the subject of a number of research reports. Robert W. Baird decreased their price objective on HireRight from $23.00 to $15.00 in a report on Friday, November 4th. Truist Financial decreased their price objective on HireRight from $18.00 to $9.00 in a report on Monday, November 7th. The Goldman Sachs Group decreased their price objective on HireRight from $21.00 to $18.00 and set a “buy” rating for the company in a report on Friday, November 4th. Royal Bank of Canada downgraded HireRight from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from $15.00 to $12.00 in a report on Friday, November 4th. Finally, StockNews.com upgraded HireRight from a “hold” rating to a “buy” rating in a report on Monday, November 7th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.

Further Reading

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

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