The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. KB Home shares valued at $1,553,638 were sold by PRAW ALBERT Z on May 10 ’24. At $70.11 per share, PRAW ALBERT Z sold 22,160 shares. The insider’s holdings dropped to 135,512 shares worth approximately $11.33 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, Gilligan Thomas W. sold 3,914 shares, netting a total of over 275,859 in proceeds. Following the sale of shares at $70.48 each, the insider now holds 48,217 shares.
Before that, Kaminski Jeff had sold 38,386 shares from its account. In a trade valued at $2,555,150, the EVP & Chief Financial Officer traded KB Home shares for $66.56 each. Upon closing the transaction, the insider’s holdings decreased to 38,386 shares, worth approximately $2.88 million.
As published in a research note from RBC Capital Mkts on September 05, 2024, KB Home [KBH] has been rated down from a Sector perform to an Underperform and the price target has been revised to $70. Analysts at Seaport Research Partners downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early August. As of January 11, 2024, Seaport Research Partners has decreased its “Buy” rating to a “Neutral” for KBH. Earlier on December 08, 2023, Deutsche Bank downgraded its rating. Their new recommendation was “a Sell” for KBH stock which previously was a “a Hold”.
Analyzing KBH Stock Performance
During the last five days, there has been a drop of approximately -0.80%. Over the course of the year, KB Home shares have jumped approximately 33.85%. Shares of the company reached a 52-week high of $89.70 on 09/19/24 and a 52-week low of $58.05 on 01/24/24. A 50-day SMA is recorded $82.83, while a 200-day SMA reached $70.69. Nevertheless, trading volume fell to 0.74 million shares from 1.01 million shares the previous day.
Support And Resistance Levels for KB Home (KBH)
According to the 24-hour chart, there is a support level at 82.77, which, if violated, would cause prices to drop to 81.95. In the upper region, resistance lies at 84.14. The next price resistance is at 84.69. RSI (Relative Strength Index) is 48.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.73, which suggests the price will decrease in the coming days. Percent R is at 73.14%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
