Tractor Supply Co.’s filing revealed that its EVP Chief Financial Officer Barton Kurt D unloaded Company’s shares for reported $6.96 million on Oct 01 ’24. In the deal valued at $295.64 per share,23,532 shares were sold. As a result of this transaction, Barton Kurt D now holds 9,683 shares worth roughly $2.85 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, Barton Kurt D bought 23,532 shares, generating $6,956,918 in total proceeds.
Before that, Barton Kurt D sold 10,995 shares. Tractor Supply Co. shares valued at $3,023,625 were divested by the EVP Chief Financial Officer at a price of $275.00 per share. As a result of the transaction, Barton Kurt D now holds 9,683 shares, worth roughly $2.85 million.
Evercore ISI downgraded its Tractor Supply Co. [TSCO] rating to an In-line from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late July has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering TSCO and reiterated its “an Outperform” recommendation on May 01, 2024. Telsey Advisory Group maintained its rating on April 26, 2024. It rated TSCO as “an Outperform”.
Price Performance Review of TSCO
On Monday, Tractor Supply Co. [NASDAQ:TSCO] saw its stock fall -0.38% to $293.86. Over the last five days, the stock has gained 1.01%. Tractor Supply Co. shares have risen nearly 36.66% since the year began. Nevertheless, the stocks have risen 43.23% over the past one year. While a 52-week high of $298.36 was reached on 10/02/24, a 52-week low of $185.00 was recorded on 01/03/24. SMA at 50 days reached $272.21, while 200 days put it at $258.35.
Levels Of Support And Resistance For TSCO Stock
The 24-hour chart illustrates a support level at 291.74, which if violated will result in even more drops to 289.61. On the upside, there is a resistance level at 295.51. A further resistance level may holdings at 297.15. The Relative Strength Index (RSI) on the 14-day chart is 65.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.58%. Stochastics %K at 82.31% indicates the stock is a selling.
How much short interest is there in Tractor Supply Co.?
A steep rise in short interest was recorded in Tractor Supply Co. stocks on 2024-09-13, dropping by 27595.0 shares to a total of 7.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 7.33 million shares. There was a decline of -0.38%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 19, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $275.
