Travel+Leisure Co’s recent filing unveils that its insider Savina James J unloaded Company’s shares for reported $0.28 million on Mar 20 ’24. In the deal valued at $47.00 per share,6,000 shares were sold. As a result of this transaction, Savina James J now holds 26,442 shares worth roughly $1.15 million.
Then, HERRERA GEORGE sold 2,969 shares, generating $134,592 in total proceeds. Upon selling the shares at $45.33, the Director now owns 2,193 shares.
Before that, MARSHALL KIMBERLY sold 4,953 shares. Travel+Leisure Co shares valued at $224,074 were divested by the Chief Human Resources Officer at a price of $45.24 per share. As a result of the transaction, MARSHALL KIMBERLY now holds 54,657 shares, worth roughly $2.38 million.
Mizuho initiated its Travel+Leisure Co [TNL] rating to a Neutral in a research note published on March 26, 2024; the price target was $55. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in mid February with a ‘”a Mkt outperform”‘ rating. Jefferies also remained covering TNL and has increased its forecast on January 02, 2024 with a “Buy” recommendation from previously “Hold” rating. Tigress Financial started covering the stock on August 24, 2023. It rated TNL as “a Buy”.
Price Performance Review of TNL
On Friday, Travel+Leisure Co [NYSE:TNL] saw its stock fall -0.27% to $43.60. Over the last five days, the stock has lost -1.58%. Travel+Leisure Co shares have risen nearly 11.54% since the year began. Nevertheless, the stocks have risen 9.47% over the past one year. While a 52-week high of $49.02 was reached on 03/28/24, a 52-week low of $32.10 was recorded on 01/16/24. SMA at 50 days reached $44.99, while 200 days put it at $40.05. A total of 0.7 million shares were traded, compared to the trading of 0.54 million shares in the previous session.
Levels Of Support And Resistance For TNL Stock
The 24-hour chart illustrates a support level at 43.33, which if violated will result in even more drops to 43.05. On the upside, there is a resistance level at 43.91. A further resistance level may holdings at 44.22. The Relative Strength Index (RSI) on the 14-day chart is 35.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.93%. Stochastics %K at 4.98% indicates the stock is a buying.
The most recent change occurred on April 17, 2023 when BofA Securities began covering the stock and recommended ‘”an Underperform”‘ rating along with a $42 price target.
