HLNE Stock Summary and Trading Ideas (Hamilton Lane - Class A | NASDAQ:HLNE)

Hamilton Lane Inc is a private market investment solutions provider in the United States. It works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world. The company offers a range of investment solutions across a range of private markets, including private equity, private credit, real estate, infrastructure, natural resources, growth equity and venture capital.

Hamilton Lane - Class A trades on the NASDAQ stock market under the symbol HLNE.

As of April 19, 2024, HLNE stock price climbed to $110.08 with 228,978 million shares trading.

HLNE has a beta of 1.46, meaning it tends to be more sensitive to market movements. HLNE has a correlation of 0.36 to the broad based SPY ETF.

HLNE has a market cap of $4.45 billion. This is considered a Mid Cap stock.

Last quarter Hamilton Lane - Class A reported $125 million in Revenue and $.71 earnings per share. This fell short of revenue expectation by $-5 million and missed earnings estimates by -$.21.

In the last 3 years, HLNE stock traded as high as $121.90 and as low as $55.81.

The top ETF exchange traded funds that HLNE belongs to (by Net Assets): VTI, VB, IWM, VBK, VXF.

HLNE has outperformed the market in the last year with a price return of +50.3% while the SPY ETF gained +21.2%. However, in the short term, HLNE had mixed performance relative to the market. It has underperformed in the last 3 months, returning -6.9% vs +3.0% return in SPY. But in the last 2 weeks, HLNE shares have fared better than the market returning -2.4% compared to SPY -4.5%.

HLNE support price is $107.53 and resistance is $111.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HLNE stock will trade within this expected range on the day.