Total Assets
HIMZPost-market trading analysis of $280 million on December 5
The grey market shows a single block trade of 7.14 million shares after hours on December 5. The total value of nearly $280 million changed hands, far exceeding the scale of ordinary retail investors.
According to feedback from X users—this is the second largest dark pool transaction in Hims' history, the last one occurred on February 12, 2025, when Hims' stock price soared from $46.34 to a high of $72.98 in a week. It remains to be seen whether history will repeat itself this time. The chart below shows the closing price on February 12, 2025.
A single block trade of 7.14 million shares is quite astonishing. Here are several possibilities:
- Index rebalancing: If ETFs or index funds adjusted their holdings that day, they must buy or sell large amounts of stocks at the close to minimize tracking error.
- Institutional position adjustment: Large hedge funds or mutual funds completed their position adjustments before the weekend (December 5 was a Friday).
- Result of long-short battles: At the $39.20 price level, the market absorbed nearly $280 million in liquidity. This indicates strong buying and selling pressure coexisting at this level, with both sides reaching equilibrium at $39.20.
What's next?
Observe the trend and announcements in the next 1-3 trading days:
1. Whether there's a significant gap up/down at the next day's open and the first 30 minutes, accompanied by heavy volume.
2. Whether the company, major shareholders, or public funds subsequently disclose: shareholding changes / placements / secondary market reduction announcements, etc.
Only by combining these factors can we determine whether this $280 million transaction is: a bullish signal (new capital entering aggressively), a bearish/cash-out signal (major shareholders exiting), or just institutional turnover with limited impact on the trend.
The folks on X are still quite humorous
Who is Dudum? Hims' biggest short seller. Wishing us an early exit with profits. $Hims & Hers Health(HIMS.US) $Defiance Daily Target 2X Long HIMS ETF(HIMZ.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
