Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Home Depot, Inc. shares valued at $617,100 were sold by Scardino Kimberly R on Aug 19 ’24. At $363.00 per share, Scardino Kimberly R sold 1,700 shares. The insider’s holdings dropped to 7,037 shares worth approximately $2.9 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, Roseborough Teresa Wynn sold 5,195 shares, netting a total of over 1,866,667 in proceeds. Following the sale of shares at $359.32 each, the insider now holds 20,399 shares.
Before that, Scardino Kimberly R had added 1,700 shares to its account. In a trade valued at $617,100, the Officer bought Home Depot, Inc. shares for $363.00 each.
As published in a research note from Gordon Haskett on October 02, 2024, Home Depot, Inc. [HD] has been rated up from a Accumulate to a Buy and the price target has been revised to $450. As of June 26, 2024, DA Davidson has increased its “Neutral” rating to a “Buy” for HD. Earlier on April 01, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “a Market perform” for HD stock.
Analyzing HD Stock Performance
During the last five days, there has been a surge of approximately 3.75%. Over the course of the year, Home Depot, Inc. shares have jumped approximately 18.76%. Shares of the company reached a 52-week high of $412.97 on 10/03/24 and a 52-week low of $323.77 on 05/29/24. A 50-day SMA is recorded $371.99, while a 200-day SMA reached $357.46. Nevertheless, trading volume fell to 3.28 million shares from 3.43 million shares the previous day.
Support And Resistance Levels for Home Depot, Inc. (HD)
According to the 24-hour chart, there is a support level at 407.93, which, if violated, would cause prices to drop to 404.28. In the upper region, resistance lies at 414.10. The next price resistance is at 416.62. RSI (Relative Strength Index) is 79.57 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 14.04, which suggests the price will increase in the coming days. Percent R is at 4.16%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
