TPG Inc’s recently made public that its Director MESSEMER DEBORAH M. unloaded Company’s shares for reported $0.19 million on Jul 17 ’24. In the deal valued at $46.55 per share,4,089 shares were sold. As a result of this transaction, MESSEMER DEBORAH M. now holds 17,536 shares worth roughly $1.07 million.
Then, MESSEMER DEBORAH M. sold 6,390 shares, generating $280,980 in total proceeds. Upon selling the shares at $43.97, the Director now owns 18,033 shares.
Before that, Vazquez-Ubarri Anilu sold 101,937 shares. TPG Inc shares valued at $4,244,657 were divested by the Chief Operating Officer at a price of $41.64 per share. As a result of the transaction, Vazquez-Ubarri Anilu now holds 333,711 shares, worth roughly $20.32 million.
Wells Fargo initiated its TPG Inc [TPG] rating to an Overweight in a research note published on September 12, 2024; the price target was $60. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early May from “an Equal-weight” to “an Overweight”. TD Cowen began covering TPG with “Market perform” recommendation on January 04, 2024.
Price Performance Review of TPG
On Tuesday, TPG Inc [NASDAQ:TPG] saw its stock fall -1.47% to $60.88. Over the last five days, the stock has lost -11.05%. TPG Inc shares have risen nearly 41.02% since the year began. Nevertheless, the stocks have risen 104.64% over the past one year. While a 52-week high of $69.86 was reached on 10/25/24, a 52-week low of $28.93 was recorded on 01/17/24. SMA at 50 days reached $58.95, while 200 days put it at $47.77.
Levels Of Support And Resistance For TPG Stock
The 24-hour chart illustrates a support level at 59.59, which if violated will result in even more drops to 58.31. On the upside, there is a resistance level at 62.69. A further resistance level may holdings at 64.51. The Relative Strength Index (RSI) on the 14-day chart is 42.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.44%. Stochastics %K at 31.27% indicates the stock is a holding.
How much short interest is there in TPG Inc?
A steep rise in short interest was recorded in TPG Inc stocks on 2024-10-15, dropping by -0.56 million shares to a total of 4.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.18 million shares. There was a decline of -12.08%, which implies that there is a negative sentiment for the stock.
