Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Home Depot, Inc shares valued at $617,100 were sold by Scardino Kimberly R on Aug 19 ’24. At $363.00 per share, Scardino Kimberly R sold 1,700 shares. The insider’s holdings dropped to 7,037 shares worth approximately $2.81 million following the completion of this transaction.
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Also, Roseborough Teresa Wynn sold 5,195 shares, netting a total of over 1,866,667 in proceeds. Following the sale of shares at $359.32 each, the insider now holds 20,399 shares.
Before that, Scardino Kimberly R had added 1,700 shares to its account. In a trade valued at $617,100, the Officer bought Home Depot, Inc shares for $363.00 each.
As published in their initiating research note from Bernstein on October 22, 2024, Home Depot, Inc [HD] has been a Mkt perform and the price target has been revised to $451. Analysts at Loop Capital upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early October. As of October 02, 2024, Gordon Haskett has increased its “Accumulate” rating to a “Buy” for HD.
Analyzing HD Stock Performance
During the last five days, there has been a surge of approximately 1.45%. Over the course of the year, Home Depot, Inc shares have jumped approximately 15.26%. Shares of the company reached a 52-week high of $421.56 on 10/15/24 and a 52-week low of $323.77 on 05/29/24. A 50-day SMA is recorded $394.38, while a 200-day SMA reached $364.26. Nevertheless, trading volume fell to 4.11 million shares from 7.13 million shares the previous day.
Support And Resistance Levels for Home Depot, Inc (HD)
According to the 24-hour chart, there is a support level at 393.57, which, if violated, would cause prices to drop to 387.71. In the upper region, resistance lies at 402.53. The next price resistance is at 405.63. RSI (Relative Strength Index) is 50.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.87, which suggests the price will decrease in the coming days. Percent R is at 49.12%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
