Hamilton Lane Inc (HLNE) went up 6.87% yesterday: Is this the Most Sought-After Stock Today?

Hamilton Lane Inc (NASDAQ: HLNE) started the day on Wednesday, with a price increase of 6.87% at $192.63, before settling in for the price of $180.24 at the close. Taking a more long-term approach, HLNE posted a 52-week range of $84.85-$185.10.

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It was noted that the giant of the Financial sector posted annual sales growth of 17.68% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 21.48%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 27.26%. This publicly-traded company’s shares outstanding now amounts to $40.55 million, simultaneously with a float of $36.02 million. The organization now has a market capitalization sitting at $10.44 billion. At the time of writing, stock’s 50-day Moving Average stood at $167.56, while the 200-day Moving Average is $133.10.

Hamilton Lane Inc (HLNE) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Asset Management Industry. Hamilton Lane Inc’s current insider ownership accounts for 11.12%, in contrast to 90.53% institutional ownership. According to the most recent insider trade that took place on Mar 07 ’24, this organization’s 10% Owner sold 55,000 shares at the rate of 108.00, making the entire transaction reach 5,940,000 in total value, affecting insider ownership by 480,015.

Hamilton Lane Inc (HLNE) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.18 per share during the current fiscal year.

Hamilton Lane Inc’s EPS increase for this current 12-month fiscal period is 27.26% and is forecasted to reach 5.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 18.00% through the next 5 years, which can be compared against the 21.48% growth it accomplished over the previous five years trading on the market.

Hamilton Lane Inc (NASDAQ: HLNE) Trading Performance Indicators

Let’s observe the current performance indicators for Hamilton Lane Inc (HLNE). The Stock has managed to achieve an average true range (ATR) of 4.52. Alongside those numbers, its PE Ratio stands at $44.89, and its Beta score is 1.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 16.69. Similarly, its price to free cash flow for trailing twelve months is now 67.30.

In the same vein, HLNE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.29, a figure that is expected to reach 1.18 in the next quarter, and analysts are predicting that it will be 5.41 at the market close of one year from today.

Technical Analysis of Hamilton Lane Inc (HLNE)

If we take a close look at the recent performances of Hamilton Lane Inc (NASDAQ: HLNE), its last 5-days Average volume was 0.48 million that shows progress from its year to date volume of 0.32 million. During the previous 9 days, stock’s Stochastic %D was recorded 57.82% While, its Average True Range was 4.95.

Raw Stochastic average of Hamilton Lane Inc (HLNE) in the period of the previous 100 days is set at 95.14%, which indicates a major rise in contrast to 82.41% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 31.78% that was higher than 29.24% volatility it exhibited in the past 100-days period.