Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PulteGroup Inc shares valued at $2,538,970 were purchased by Thomas J. Folliard on Aug 28 ’24. At $133.63 per share, Thomas J. Folliard acquired 19,000 shares.
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, OShaughnessy Robert sold 71,007 shares, netting a total of over 9,573,739 in proceeds. Following the sale of shares at $134.83 each, the insider now holds 89,323 shares.
Before that, Snyder Lila had sold 1,528 shares from its account. In a trade valued at $190,034, the Director traded PulteGroup Inc shares for $124.37 each. Upon closing the transaction, the insider’s holdings decreased to 1,528 shares, worth approximately $0.73 million.
As published in a research note from Wolfe Research on August 14, 2024, PulteGroup Inc [PHM] has been rated down from an Outperform to a Peer perform. Analysts at Seaport Research Partners downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early August. As of January 08, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for PHM. Earlier on January 04, 2024, UBS downgraded its rating. Their new recommendation was “a Neutral” for PHM stock which previously was a “a Buy”.
Analyzing PHM Stock Performance
During the last five days, there has been a surge of approximately 2.00%. Over the course of the year, PulteGroup Inc shares have jumped approximately 27.02%. Shares of the company reached a 52-week high of $136.47 on 08/26/24 and a 52-week low of $99.03 on 01/03/24. A 50-day SMA is recorded $120.26, while a 200-day SMA reached $110.11. Nevertheless, trading volume fell to 1.18 million shares from 1.15 million shares the previous day.
Support And Resistance Levels for PulteGroup Inc (PHM)
According to the 24-hour chart, there is a support level at 129.92, which, if violated, would cause prices to drop to 128.72. In the upper region, resistance lies at 132.50. The next price resistance is at 133.88. RSI (Relative Strength Index) is 60.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.34, which suggests the price will increase in the coming days. Percent R is at 33.56%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
