Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Two Harbors Investment Corp shares valued at $103,609 were sold by GREENBERG WILLIAM ROSS on May 21 ’24. At $12.68 per share, GREENBERG WILLIAM ROSS sold 8,170 shares. The insider’s holdings dropped to 255,909 shares worth approximately $3.45 million following the completion of this transaction.
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
Also, Sandberg Rebecca B sold 4,505 shares, netting a total of over 57,131 in proceeds. Following the sale of shares at $12.68 each, the insider now holds 112,894 shares.
Before that, RISKEY MARY KATHRYN had sold 3,870 shares from its account. In a trade valued at $49,078, the Chief Financial Officer traded Two Harbors Investment Corp shares for $12.68 each. Upon closing the transaction, the insider’s holdings decreased to 3,870 shares, worth approximately $1.07 million.
As published in a research note from UBS on June 07, 2024, Two Harbors Investment Corp [TWO] has been rated up from a Neutral to a Buy and the price target has been revised to $14.50. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December. As of February 10, 2023, Maxim Group has increased its “Hold” rating to a “Buy” for TWO. Earlier on November 17, 2022, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for TWO stock which previously was a “an Outperform”.
Analyzing TWO Stock Performance
During the last five days, there has been a drop of approximately -2.25%. Over the course of the year, Two Harbors Investment Corp shares have dropped approximately -3.30%. Shares of the company reached a 52-week high of $14.21 on 01/09/24 and a 52-week low of $11.63 on 04/16/24. A 50-day SMA is recorded $13.11, while a 200-day SMA reached $12.95. Nevertheless, trading volume fell to 0.77 million shares from 1.0 million shares the previous day.
Support And Resistance Levels for Two Harbors Investment Corp (TWO)
According to the 24-hour chart, there is a support level at 13.39, which, if violated, would cause prices to drop to 13.31. In the upper region, resistance lies at 13.61. The next price resistance is at 13.75. RSI (Relative Strength Index) is 51.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.02, which suggests the price will decrease in the coming days. Percent R is at 44.85%, indicating low price movement. Stochastics%K at holding indicates that the stock is to be held.
