KD Logo

TPG Inc [TPG] Investment Appeal on the Rise

In a filing, TPG Inc revealed 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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 $131.43 million.

Morgan Stanley upgraded its TPG Inc [TPG] rating to an Overweight from a an Equal-weight in a research note published on May 10, 2024; the price target was increased to $52 from $43. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early January with a ‘”a Market perform”‘ rating.

Price Performance Review of TPG

On Friday, TPG Inc [NASDAQ:TPG] saw its stock fall -2.15% to $39.51. Over the last five days, the stock has lost -5.75%. TPG Inc shares have fallen nearly -8.48% since the year began. Nevertheless, the stocks have risen 39.41% over the past one year. While a 52-week high of $47.20 was reached on 03/21/24, a 52-week low of $26.03 was recorded on 01/17/24. SMA at 50 days reached $43.25, while 200 days put it at $38.25. A total of 0.92 million shares were traded, compared to the trading of 0.59 million shares in the previous session.

Levels Of Support And Resistance For TPG Stock

The 24-hour chart illustrates a support level at 39.19, which if violated will result in even more drops to 38.87. On the upside, there is a resistance level at 39.89. A further resistance level may holdings at 40.27. The Relative Strength Index (RSI) on the 14-day chart is 31.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.22%. Stochastics %K at 16.33% indicates the stock is a buying.

The most recent change occurred on May 19, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $32 price target.

Most Popular