TPG Inc’s filing revealed 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 $146.93 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 Friday, TPG Inc [NASDAQ:TPG] saw its stock jump 1.24% to $44.17. Over the last five days, the stock has gained 0.68%. TPG Inc shares have risen nearly 2.32% since the year began. Nevertheless, the stocks have risen 61.62% 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 $44.30, while 200 days put it at $36.58. A total of 0.68 million shares were traded, compared to the trading of 0.47 million shares in the previous session.
Levels Of Support And Resistance For TPG Stock
The 24-hour chart illustrates a support level at 43.64, which if violated will result in even more drops to 43.12. On the upside, there is a resistance level at 44.67. A further resistance level may holdings at 45.17. The Relative Strength Index (RSI) on the 14-day chart is 52.80, 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 bullish at 16.75%. Stochastics %K at 72.16% indicates the stock is a holding.
