Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.71% of Harley-Davidson Inc (HOG)’s shares, while financial institutions hold 94.50%.

In a report released today, Megan Alexander from Morgan Stanley downgraded Harley-Davidson (HOG – Research Report) to a Hold, with a price

Harley-Davidson Inc (HOG) stock saw a decline, ending the day at $28.89 which represents a decrease of $-0.57 or -1.93% from the prior close of $29.46. The stock opened at $29.23 and touched a low of $28.

Morgan Stanley warned on Tuesday that the leisure powersports sector could have a tough year ahead. On the positive side, analyst Megan Alexander Clapp highlighted that affordability has improved over the last 12 months as interest rates have declined.