Forestar Group Inc’s recent filing unveils that its Chief Executive Officer BARTOK DANIEL C unloaded Company’s shares for reported $34225.0 on Dec 27 ’23. In the deal valued at $34.23 per share,1,000 shares were sold. As a result of this transaction, BARTOK DANIEL C now holds 20,000 shares worth roughly $0.72 million.
Then, BARTOK DANIEL C sold 949 shares, generating $32,978 in total proceeds. Upon selling the shares at $34.75, the Chief Executive Officer now owns 21,000 shares.
Before that, Ringler G.F. (Rick) III sold 2,000 shares. Forestar Group Inc shares valued at $66,475 were divested by the Director at a price of $33.24 per share. As a result of the transaction, Ringler G.F. (Rick) III now holds 7,267 shares, worth roughly $0.26 million.
BTIG Research upgraded its Forestar Group Inc [FOR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in mid July from “a Buy” to “a Neutral”. Wells Fargo began covering FOR with “an Overweight” recommendation on April 16, 2021. Wolfe Research started covering the stock on March 16, 2021. It rated FOR as “an Outperform”.
Price Performance Review of FOR
On Tuesday, Forestar Group Inc [NYSE:FOR] saw its stock fall -2.14% to $36.14. Over the last five days, the stock has lost -11.31%. Forestar Group Inc shares have risen nearly 9.28% since the year began. Nevertheless, the stocks have risen 138.08% over the past one year. While a 52-week high of $40.92 was reached on 03/28/24, a 52-week low of $15.07 was recorded on 02/05/24. SMA at 50 days reached $35.51, while 200 days put it at $30.60. A total of 0.21 million shares were traded, compared to the trading of 0.21 million shares in the previous session.
Levels Of Support And Resistance For FOR Stock
The 24-hour chart illustrates a support level at 35.67, which if violated will result in even more drops to 35.21. On the upside, there is a resistance level at 36.56. A further resistance level may holdings at 36.99. The Relative Strength Index (RSI) on the 14-day chart is 44.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.36%. Stochastics %K at 10.98% indicates the stock is a buying.
The most recent change occurred on April 29, 2020 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $16 price target.
