In a filing, KB Home revealed its EVP, Real Estate & Bus. Dev. PRAW ALBERT Z unloaded Company’s shares for reported $1.55 million on May 10 ’24. In the deal valued at $70.11 per share,22,160 shares were sold. As a result of this transaction, PRAW ALBERT Z now holds 135,512 shares worth roughly $11.52 million.
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, Gilligan Thomas W. sold 3,914 shares, generating $275,859 in total proceeds. Upon selling the shares at $70.48, the Director now owns 48,217 shares.
Before that, Kaminski Jeff sold 38,386 shares. KB Home shares valued at $2,555,150 were divested by the EVP & Chief Financial Officer at a price of $66.56 per share. As a result of the transaction, Kaminski Jeff now holds 34,473 shares, worth roughly $2.93 million.
Seaport Research Partners downgraded its KB Home [KBH] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early December from “a Hold” to “a Sell”. Wedbush also remained covering KBH and has decreased its forecast on November 20, 2023 with a “Neutral” recommendation from previously “an Outperform” rating. Seaport Research Partners revised its rating on November 02, 2023. It rated KBH as “a Buy” which previously was an “a Neutral”.
Price Performance Review of KBH
On Monday, KB Home [NYSE:KBH] saw its stock jump 1.52% to $85.03. Over the last five days, the stock has gained 5.55%. KB Home shares have risen nearly 36.14% since the year began. Nevertheless, the stocks have risen 60.28% over the past one year. While a 52-week high of $84.90 was reached on 07/29/24, a 52-week low of $42.11 was recorded on 01/24/24. SMA at 50 days reached $72.08, while 200 days put it at $63.07. A total of 1.27 million shares were traded, compared to the trading of 1.91 million shares in the previous session.
Levels Of Support And Resistance For KBH Stock
The 24-hour chart illustrates a support level at 83.64, which if violated will result in even more drops to 82.26. On the upside, there is a resistance level at 85.90. A further resistance level may holdings at 86.78. The Relative Strength Index (RSI) on the 14-day chart is 72.19, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.84%. Stochastics%K at 93.32% indicates the stock is a selling.
The most recent change occurred on October 17, 2023 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $49 price target.
