Tempur Sealy International Inc’s recent filing unveils that its EVP, INTERNATIONAL Wijnand Hansbart unloaded Company’s shares for reported $0.6 million on Feb 20 ’24. In the deal valued at $50.31 per share,11,916 shares were sold. As a result of this transaction, Wijnand Hansbart now holds 27,631 shares worth roughly $1.38 million.
Then, Dilsaver Evelyn S sold 5,304 shares, generating $232,074 in total proceeds. Upon selling the shares at $43.75, the Director now owns 143,938 shares.
Before that, Wijnand Hansbart sold 28,834 shares. Tempur Sealy International Inc shares valued at $1,225,658 were divested by the EVP, INTERNATIONAL at a price of $42.51 per share. As a result of the transaction, Wijnand Hansbart now holds 15,714 shares, worth roughly $0.78 million.
Loop Capital upgraded its Tempur Sealy International Inc [TPX] rating to a Buy from a a Hold in a research note published on March 25, 2024; the price target was increased to $75 from $50. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in mid January from “a Neutral” to “an Overweight”. Goldman started covering the stock on August 11, 2022. It rated TPX as “a Buy”.
Price Performance Review of TPX
On Tuesday, Tempur Sealy International Inc [NYSE:TPX] saw its stock fall -0.16% to $49.94. Over the last five days, the stock has lost -6.81%. Tempur Sealy International Inc shares have fallen nearly -2.02% since the year began. Nevertheless, the stocks have risen 32.12% over the past one year. While a 52-week high of $57.13 was reached on 03/28/24, a 52-week low of $34.98 was recorded on 01/05/24. SMA at 50 days reached $53.03, while 200 days put it at $46.57. A total of 1.67 million shares were traded, compared to the trading of 1.78 million shares in the previous session.
Levels Of Support And Resistance For TPX Stock
The 24-hour chart illustrates a support level at 49.27, which if violated will result in even more drops to 48.61. On the upside, there is a resistance level at 50.36. A further resistance level may holdings at 50.79. The Relative Strength Index (RSI) on the 14-day chart is 33.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.77%. Stochastics %K at 6.82% indicates the stock is a buying.
