Texas Roadhouse Inc’s recent filing unveils that its Director EPPS DONNA E unloaded Company’s shares for reported $0.1 million on Mar 07 ’24. In the deal valued at $149.97 per share,670 shares were sold. As a result of this transaction, EPPS DONNA E now holds 4,142 shares worth roughly $0.68 million.
Then, Tobin Regina A. sold 3,064 shares, generating $459,814 in total proceeds. Upon selling the shares at $150.07, the PRESIDENT now owns 15,261 shares.
Before that, Morgan Gerald L. sold 5,000 shares. Texas Roadhouse Inc shares valued at $739,500 were divested by the CHIEF EXECUTIVE OFFICER at a price of $147.90 per share. As a result of the transaction, Morgan Gerald L. now holds 92,847 shares, worth roughly $15.19 million.
A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in early April with a ‘”a Hold”‘ rating. Robert W. Baird also remained covering TXRH and has increased its forecast on March 13, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Northcoast revised its rating on February 20, 2024. It rated TXRH as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TXRH
On Friday, Texas Roadhouse Inc [NASDAQ:TXRH] saw its stock jump 3.62% to $163.61. Over the last five days, the stock has gained 3.91%. Texas Roadhouse Inc shares have risen nearly 33.85% since the year began. Nevertheless, the stocks have risen 45.22% over the past one year. While a 52-week high of $161.58 was reached on 05/03/24, a 52-week low of $91.06 was recorded on 01/16/24. SMA at 50 days reached $152.39, while 200 days put it at $121.36. A total of 1.64 million shares were traded, compared to the trading of 1.16 million shares in the previous session.
Levels Of Support And Resistance For TXRH Stock
The 24-hour chart illustrates a support level at 160.54, which if violated will result in even more drops to 157.48. On the upside, there is a resistance level at 168.53. A further resistance level may holdings at 173.46. The Relative Strength Index (RSI) on the 14-day chart is 71.35, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.74, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 28.73%. Stochastics %K at 71.94% indicates the stock is a holding.
