TPG Inc’s recent filing unveils that its Director BONDERMAN DAVID unloaded Company’s shares for reported $65.99 million on Feb 29 ’24. In the deal valued at $41.64 per share,1,584,746 shares were sold. As a result of this transaction, BONDERMAN DAVID now holds 0 shares worth roughly $0.0.
Then, COULTER JAMES G sold 1,334,746 shares, generating $55,578,823 in total proceeds. Upon selling the shares at $41.64, the Executive Chairman now owns 0 shares.
Before that, WINKELRIED JON sold 1,000,000 shares. TPG Inc shares valued at $41,640,000 were divested by the Chief Executive Officer at a price of $41.64 per share. As a result of the transaction, WINKELRIED JON now holds 3,326,460 shares, worth roughly $146.9 million.
TD Cowen initiated its TPG Inc [TPG] rating to a Market perform in a research note published on January 04, 2024; the price target was $38. Citigroup started covering the stock on May 19, 2023. It rated TPG as “a Buy”.
Price Performance Review of TPG
On Tuesday, TPG Inc [NASDAQ:TPG] saw its stock jump 2.22% to $44.16. Over the last five days, the stock has gained 3.49%. TPG Inc shares have risen nearly 2.29% since the year began. Nevertheless, the stocks have risen 48.74% over the past one year. While a 52-week high of $47.20 was reached on 03/21/24, a 52-week low of $24.74 was recorded on 01/17/24. SMA at 50 days reached $44.28, while 200 days put it at $36.04. A total of 0.32 million shares were traded, compared to the trading of 0.33 million shares in the previous session.
Levels Of Support And Resistance For TPG Stock
The 24-hour chart illustrates a support level at 43.47, which if violated will result in even more drops to 42.77. On the upside, there is a resistance level at 44.70. A further resistance level may holdings at 45.23. The Relative Strength Index (RSI) on the 14-day chart is 51.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.03%. Stochastics %K at 34.80% indicates the stock is a holding.
