Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dollar Tree Inc shares valued at $150,194 were purchased by HEINRICH DANIEL J on Sep 06 ’24. At $68.27 per share, HEINRICH DANIEL J acquired 2,200 shares. The insider’s holdings grew to 9,823 shares worth approximately $0.62 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, Aflatooni Robert sold 827 shares, netting a total of over 87,315 in proceeds. Following the sale of shares at $105.58 each, the insider now holds 9,725 shares.
Before that, Davis Jeffrey A. had added 1,800 shares to its account. In a trade valued at $244,794, the Chief Financial Officer bought Dollar Tree Inc shares for $136.00 each. Upon closing the transaction, the insider’s holdings increased to 1,800 shares, worth approximately $1.21 million.
As published in their initiating research note from Bernstein on October 22, 2024, Dollar Tree Inc [DLTR] has been a Mkt perform and the price target has been revised to $76. Analysts at Telsey Advisory Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in early September. As of September 05, 2024, Loop Capital has decreased its “Buy” rating to a “Hold” for DLTR. Earlier on September 05, 2024, BMO Capital Markets downgraded its rating. Their new recommendation was “a Market perform” for DLTR stock which previously was a “an Outperform”.
Analyzing DLTR Stock Performance
During the last five days, there has been a drop of approximately -4.26%. Over the course of the year, Dollar Tree Inc shares have dropped approximately -55.43%. Shares of the company reached a 52-week high of $151.21 on 03/05/24 and a 52-week low of $60.81 on 09/04/24. A 50-day SMA is recorded $73.15, while a 200-day SMA reached $108.96. Nevertheless, trading volume fell to 4.57 million shares from 4.54 million shares the previous day.
Support And Resistance Levels for Dollar Tree Inc (DLTR)
According to the 24-hour chart, there is a support level at 62.61, which, if violated, would cause prices to drop to 61.92. In the upper region, resistance lies at 64.64. The next price resistance is at 65.98. RSI (Relative Strength Index) is 27.93 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.12, which suggests the price will decrease in the coming days. Percent R is at 99.12%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
