The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. D.R. Horton Inc shares valued at $191,250 were sold by Odom Aron M. on Aug 23 ’24. At $191.25 per share, Odom Aron M. sold 1,000 shares. The insider’s holdings dropped to 6,457 shares worth approximately $1.06 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, BUCHANAN MICHAEL R sold 2,000 shares, netting a total of over 301,400 in proceeds. Following the sale of shares at $150.70 each, the insider now holds 1,703 shares.
Before that, Allen Barbara K had sold 363 shares from its account. In a trade valued at $53,891, the Director traded D.R. Horton Inc shares for $148.46 each. Upon closing the transaction, the insider’s holdings decreased to 363 shares, worth approximately $0.93 million.
As published in a research note from Raymond James on November 07, 2024, D.R. Horton Inc [DHI] has been rated down from an Outperform to a Mkt perform. Analysts at Wedbush upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid October. As of July 02, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for DHI. Earlier on April 02, 2024, Wedbush downgraded its rating. Their new recommendation was “an Underperform” for DHI stock which previously was a “a Neutral”.
Analyzing DHI Stock Performance
During the last five days, there has been a drop of approximately -2.60%. Over the course of the year, D.R. Horton Inc shares have jumped approximately 7.74%. Shares of the company reached a 52-week high of $199.85 on 09/19/24 and a 52-week low of $133.02 on 07/02/24. A 50-day SMA is recorded $182.88, while a 200-day SMA reached $162.12. Nevertheless, trading volume fell to 2.23 million shares from 2.92 million shares the previous day.
Support And Resistance Levels for D.R. Horton Inc (DHI)
According to the 24-hour chart, there is a support level at 161.14, which, if violated, would cause prices to drop to 158.55. In the upper region, resistance lies at 166.01. The next price resistance is at 168.29. RSI (Relative Strength Index) is 35.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.01, which suggests the price will decrease in the coming days. Percent R is at 63.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
