Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Tetra Tech, Inc. shares valued at $1,715,173 were sold by BURDICK STEVEN M on Sep 11 ’24. At $46.57 per share, BURDICK STEVEN M sold 36,830 shares. The insider’s holdings dropped to 112,620 shares worth approximately $5.63 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, Ritrievi Kimberly E sold 6,500 shares, netting a total of over 302,120 in proceeds. Following the sale of shares at $46.48 each, the insider now holds 143,200 shares.
Before that, SHOEMAKER LESLIE L had sold 78,420 shares from its account. In a trade valued at $3,616,025, the EVP, Chief Sustainability traded Tetra Tech, Inc. shares for $46.11 each. Upon closing the transaction, the insider’s holdings decreased to 78,420 shares, worth approximately $14.81 million.
As published in a research note from Maxim Group on May 16, 2024, Tetra Tech, Inc. [TTEK] has been retained to a Buy and the price target has been revised to $268. Analysts at Northcoast upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early May. As of January 10, 2024, KeyBanc Capital Markets has initiated its “an Overweight” rating for TTEK. Earlier on September 13, 2023, William Blair initiated its rating. Their recommendation was “an Outperform” for TTEK stock.
Analyzing TTEK Stock Performance
During the last five days, there has been a surge of approximately 3.37%. Over the course of the year, Tetra Tech, Inc. shares have jumped approximately 49.85%. Shares of the company reached a 52-week high of $50.69 on 10/29/24 and a 52-week low of $31.61 on 01/31/24. A 50-day SMA is recorded $47.55, while a 200-day SMA reached $41.37. Nevertheless, trading volume fell to 1.0 million shares from 1.73 million shares the previous day.
Support And Resistance Levels for Tetra Tech, Inc. (TTEK)
According to the 24-hour chart, there is a support level at 49.67, which, if violated, would cause prices to drop to 49.31. In the upper region, resistance lies at 50.53. The next price resistance is at 51.04. RSI (Relative Strength Index) is 62.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.72, which suggests the price will decrease in the coming days. Percent R is at 21.15%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
