HireRight (NYSE:HRT) PT Raised to $10.00

HireRight (NYSE:HRTGet Rating) had its price objective raised by Barclays from $9.00 to $10.00 in a research report sent to investors on Monday morning, Marketbeat reports. They currently have an equal weight rating on the stock.

Other analysts have also issued reports about the stock. StockNews.com upgraded shares of HireRight from a hold rating to a buy rating in a research note on Monday, November 7th. Robert W. Baird cut their target price on shares of HireRight from $23.00 to $15.00 in a research report on Friday, November 4th. Needham & Company LLC cut their target price on shares of HireRight from $22.00 to $17.00 and set a buy rating for the company in a research report on Friday, November 4th. The Goldman Sachs Group dropped their price target on shares of HireRight from $21.00 to $18.00 and set a buy rating for the company in a research report on Friday, November 4th. Finally, Royal Bank of Canada lowered shares of HireRight from an outperform rating to a sector perform rating and dropped their price target for the stock from $15.00 to $12.00 in a research report on Friday, November 4th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average price target of $14.57.

HireRight Trading Up 4.6 %

Shares of HRT stock opened at $10.78 on Monday. The company has a 50 day moving average price of $13.38 and a 200-day moving average price of $14.66. HireRight has a 52 week low of $6.88 and a 52 week high of $19.46.

Insider Buying and Selling at HireRight

In other news, Director Atlantic Genpar (Bermu General acquired 78,353 shares of the business’s stock in a transaction on Friday, November 18th. The shares were acquired at an average price of $9.41 per share, for a total transaction of $737,301.73. Following the completion of the transaction, the director now directly owns 30,274,886 shares of the company’s stock, valued at approximately $284,886,677.26. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have bought 698,461 shares of company stock worth $6,994,764 over the last quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HRT. Ensign Peak Advisors Inc bought a new position in shares of HireRight in the third quarter worth about $35,000. Allspring Global Investments Holdings LLC bought a new position in shares of HireRight in the third quarter worth about $37,000. Amalgamated Bank bought a new position in shares of HireRight in the first quarter worth about $54,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of HireRight in the third quarter worth about $84,000. Finally, Legal & General Group Plc grew its holdings in shares of HireRight by 128.4% in the second quarter. Legal & General Group Plc now owns 8,200 shares of the company’s stock worth $117,000 after purchasing an additional 4,610 shares during the last quarter.

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.

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Analyst Recommendations for HireRight (NYSE:HRT)

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