Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Treehouse Foods Inc shares valued at $127,020 were sold by WATERMAN KRISTY N. on Aug 26 ’24. At $42.34 per share, WATERMAN KRISTY N. sold 3,000 shares. The insider’s holdings dropped to 20,784 shares worth approximately $0.76 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, WATERMAN KRISTY N. purchased 3,000 shares, netting a total of over 127,022 in proceeds.
Before that, Landry Stephen Alan had sold 3,723 shares from its account. In a trade valued at $130,268, the SVP, Chief Operations Officer traded Treehouse Foods Inc shares for $34.99 each. Upon closing the transaction, the insider’s holdings decreased to 3,723 shares, worth approximately $0.0.
As published in their initiating research note from Mizuho on June 06, 2024, Treehouse Foods Inc [THS] has been a Neutral and the price target has been revised to $37. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid February. As of October 13, 2023, Stephens has initiated its “an Equal-weight” rating for THS. Earlier on September 13, 2023, TD Cowen initiated its rating. Their recommendation was “a Market perform” for THS stock.
Analyzing THS Stock Performance
During the last five days, there has been a drop of approximately -3.20%. Over the course of the year, Treehouse Foods Inc shares have dropped approximately -11.63%. Shares of the company reached a 52-week high of $43.84 on 09/18/24 and a 52-week low of $33.28 on 05/06/24. A 50-day SMA is recorded $40.77, while a 200-day SMA reached $38.51. Nevertheless, trading volume fell to 0.64 million shares from 0.81 million shares the previous day.
Support And Resistance Levels for Treehouse Foods Inc (THS)
According to the 24-hour chart, there is a support level at 36.40, which, if violated, would cause prices to drop to 36.18. In the upper region, resistance lies at 36.92. The next price resistance is at 37.22. RSI (Relative Strength Index) is 27.06 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.46, which suggests the price will decrease in the coming days. Percent R is at 97.34%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
