KD Logo

Analyzing D.R. Horton Inc (DHI) After Recent Trading Activity

D.R. Horton Inc’s recently made public that its SVP, Controller and PAO Odom Aron M. unloaded Company’s shares for reported $0.19 million on Aug 23 ’24. In the deal valued at $191.25 per share,1,000 shares were sold. As a result of this transaction, Odom Aron M. now holds 6,457 shares worth roughly $1.12 million.

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

Then, BUCHANAN MICHAEL R sold 2,000 shares, generating $301,400 in total proceeds. Upon selling the shares at $150.70, the Director now owns 1,703 shares.

Before that, Allen Barbara K sold 363 shares. D.R. Horton Inc shares valued at $53,891 were divested by the Director at a price of $148.46 per share. As a result of the transaction, Allen Barbara K now holds 5,650 shares, worth roughly $0.98 million.

Wedbush upgraded its D.R. Horton Inc [DHI] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early July from “a Buy” to “a Neutral”. Wedbush also remained covering DHI and has decreased its forecast on April 02, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Seaport Research Partners revised its rating on January 22, 2024. It rated DHI as “a Neutral” which previously was an “a Buy”.

Price Performance Review of DHI

On Tuesday, D.R. Horton Inc [NYSE:DHI] saw its stock jump 1.48% to $173.27. Over the last five days, the stock has gained 3.56%. D.R. Horton Inc shares have risen nearly 14.01% since the year began. Nevertheless, the stocks have risen 45.78% over the past one year. While a 52-week high of $199.85 was reached on 09/19/24, a 52-week low of $116.22 was recorded on 07/02/24. SMA at 50 days reached $185.79, while 200 days put it at $161.28.

Levels Of Support And Resistance For DHI Stock

The 24-hour chart illustrates a support level at 169.37, which if violated will result in even more drops to 165.46. On the upside, there is a resistance level at 175.33. A further resistance level may holdings at 177.38. The Relative Strength Index (RSI) on the 14-day chart is 40.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.29%. Stochastics %K at 41.31% indicates the stock is a holding.

How much short interest is there in D.R. Horton Inc?

A steep rise in short interest was recorded in D.R. Horton Inc stocks on 2024-10-15, growing by 29924.0 shares to a total of 5.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.51 million shares. There was a rise of 0.54%, which implies that there is a positive sentiment for the stock.

Most Popular