Thor Industries, Inc.’s recent filing unveils that its SVP, CHIEF OPERATING OFFICER WOELFER W. TODD unloaded Company’s shares for reported $0.39 million on Jan 23 ’24. In the deal valued at $117.50 per share,3,333 shares were sold. As a result of this transaction, WOELFER W. TODD now holds 95,014 shares worth roughly $9.48 million.
Then, WOELFER W. TODD sold 3,333 shares, generating $383,295 in total proceeds. Upon selling the shares at $115.00, the SVP, CHIEF OPERATING OFFICER now owns 98,347 shares.
Before that, WOELFER W. TODD sold 3,334 shares. Thor Industries, Inc. shares valued at $375,075 were divested by the SVP, CHIEF OPERATING OFFICER at a price of $112.50 per share. As a result of the transaction, WOELFER W. TODD now holds 101,680 shares, worth roughly $10.15 million.
Citigroup upgraded its Thor Industries, Inc. [THO] rating to a Buy from a a Neutral in a research note published on March 15, 2024; the price target was increased to $122 from $111. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in mid April with a ‘”a Sector weight”‘ rating. DA Davidson also remained covering THO and has increased its forecast on January 09, 2023 with a “Neutral” recommendation from previously “an Underperform” rating. The Benchmark Company revised its rating on October 27, 2022. It rated THO as “a Hold” which previously was an “a Buy”.
Price Performance Review of THO
On Tuesday, Thor Industries, Inc. [NYSE:THO] saw its stock fall -2.82% to $99.81. Over the last five days, the stock has lost -11.65%. Thor Industries, Inc. shares have fallen nearly -15.59% since the year began. Nevertheless, the stocks have risen 25.42% over the past one year. While a 52-week high of $129.31 was reached on 03/01/24, a 52-week low of $74.50 was recorded on 03/14/24. SMA at 50 days reached $113.59, while 200 days put it at $106.40. A total of 0.48 million shares were traded, compared to the trading of 0.5 million shares in the previous session.
Levels Of Support And Resistance For THO Stock
The 24-hour chart illustrates a support level at 99.08, which if violated will result in even more drops to 98.36. On the upside, there is a resistance level at 101.07. A further resistance level may holdings at 102.34. The Relative Strength Index (RSI) on the 14-day chart is 30.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.95%. Stochastics %K at 2.73% indicates the stock is a buying.
