Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Green Brick Partners Inc shares valued at $1,088,904 were sold by Brickman James R. on Aug 23 ’24. At $77.23 per share, Brickman James R. sold 14,100 shares. The insider’s holdings dropped to 1,600,411 shares worth approximately $110.44 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, James R. Brickman purchased 14,511 shares, netting a total of over 1,092,243 in proceeds.
Before that, Olsen Kathleen had sold 3,827 shares from its account. In a trade valued at $279,524, the Director traded Green Brick Partners Inc shares for $73.04 each. Upon closing the transaction, the insider’s holdings decreased to 3,827 shares, worth approximately $4.79 million.
As published in a research note from B. Riley Securities on June 26, 2023, Green Brick Partners Inc [GRBK] has been rated down from a Buy to a Neutral and the price target has been revised to $62. Analysts at B. Riley Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early May. As of November 22, 2022, JP Morgan has increased its “an Underweight” rating to a “Neutral” for GRBK. Earlier on August 19, 2022, JMP Securities downgraded its rating. Their new recommendation was “a Mkt perform” for GRBK stock which previously was a “a Mkt outperform”.
Analyzing GRBK Stock Performance
During the last five days, there has been a drop of approximately -8.92%. Over the course of the year, Green Brick Partners Inc shares have jumped approximately 32.86%. Shares of the company reached a 52-week high of $84.66 on 10/16/24 and a 52-week low of $48.38 on 01/17/24. A 50-day SMA is recorded $78.54, while a 200-day SMA reached $63.31. Nevertheless, trading volume fell to 0.98 million shares from 0.37 million shares the previous day.
Support And Resistance Levels for Green Brick Partners Inc (GRBK)
According to the 24-hour chart, there is a support level at 66.70, which, if violated, would cause prices to drop to 64.38. In the upper region, resistance lies at 71.84. The next price resistance is at 74.67. RSI (Relative Strength Index) is 31.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.47, which suggests the price will decrease in the coming days. Percent R is at 89.69%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
