Terreno Realty Corp’s recently made public that its Chief Accounting Officer Weston Melinda unloaded Company’s shares for reported $93090.0 on Dec 14 ’23. In the deal valued at $62.06 per share,1,500 shares were sold. As a result of this transaction, Weston Melinda now holds 15,683 shares worth roughly $0.92 million.
Then, CARLSON LEROY E sold 5,000 shares, generating $293,850 in total proceeds. Upon selling the shares at $58.77, the Director now owns 34,871 shares.
Before that, COKE MICHAEL A sold 10,000 shares. Terreno Realty Corp shares valued at $596,000 were divested by the PRESIDENT at a price of $59.60 per share. As a result of the transaction, COKE MICHAEL A now holds 395,988 shares, worth roughly $23.15 million.
Barclays initiated its Terreno Realty Corp [TRNO] rating to an Overweight in a research note published on March 27, 2024; the price target was $71. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in early December with a ‘”an Overweight”‘ rating. Wedbush began covering TRNO with “Neutral” recommendation on October 03, 2023. Citigroup started covering the stock on July 19, 2023. It rated TRNO as “a Neutral”.
Price Performance Review of TRNO
On Tuesday, Terreno Realty Corp [NYSE:TRNO] saw its stock fall -1.78% to $58.45. Over the last five days, the stock has lost -10.63%. Terreno Realty Corp shares have fallen nearly -6.73% since the year began. Nevertheless, the stocks have fallen -6.27% over the past one year. While a 52-week high of $66.63 was reached on 04/01/24, a 52-week low of $50.42 was recorded on 04/16/24. SMA at 50 days reached $63.12, while 200 days put it at $59.86. A total of 0.8 million shares were traded, compared to the trading of 0.52 million shares in the previous session.
Levels Of Support And Resistance For TRNO Stock
The 24-hour chart illustrates a support level at 57.91, which if violated will result in even more drops to 57.36. On the upside, there is a resistance level at 59.15. A further resistance level may holdings at 59.84. The Relative Strength Index (RSI) on the 14-day chart is 32.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.45%. Stochastics %K at 3.93% indicates the stock is a buying.
The most recent change occurred on July 11, 2023 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $65 price target.
