Taylor Morrison Home Corp’s filing revealed that its Director LYON WILLIAM H unloaded Company’s shares for reported $1.81 million on Nov 25 ’24. In the deal valued at $74.46 per share,24,284 shares were sold. As a result of this transaction, LYON WILLIAM H now holds 2,045,316 shares worth roughly $149.68 million.
Then, LYON WILLIAM H sold 40,925 shares, generating $2,955,604 in total proceeds. Upon selling the shares at $72.22, the Director now owns 2,095,316 shares.
Before that, LYON WILLIAM H sold 25,716 shares. Taylor Morrison Home Corp shares valued at $1,904,784 were divested by the Director at a price of $74.07 per share. As a result of the transaction, LYON WILLIAM H now holds 2,069,600 shares, worth roughly $151.45 million.
Wedbush upgraded its Taylor Morrison Home Corp [TMHC] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who increased its forecast for the stock in mid August from “a Neutral” to “a Buy”. Raymond James began covering TMHC with “an Outperform” recommendation on July 24, 2024. Seaport Research Partners revised its rating on January 22, 2024. It rated TMHC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TMHC
On Monday, Taylor Morrison Home Corp [NYSE:TMHC] saw its stock fall -0.93% to $73.18. Over the last five days, the stock has gained 2.95%. Taylor Morrison Home Corp shares have risen nearly 37.17% since the year began. Nevertheless, the stocks have risen 62.26% over the past one year. While a 52-week high of $75.49 was reached on 11/25/24, a 52-week low of $44.59 was recorded on 01/05/24. SMA at 50 days reached $69.84, while 200 days put it at $62.23.
Levels Of Support And Resistance For TMHC Stock
The 24-hour chart illustrates a support level at 72.56, which if violated will result in even more drops to 71.95. On the upside, there is a resistance level at 73.94. A further resistance level may holdings at 74.71. The Relative Strength Index (RSI) on the 14-day chart is 58.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 30.88%. Stochastics %K at 75.89% indicates the stock is a holding.
How much short interest is there in Taylor Morrison Home Corp?
A steep rise in short interest was recorded in Taylor Morrison Home Corp stocks on 2024-11-15, growing by 0.51 million shares to a total of 2.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 2.19 million shares. There was a rise of 18.84%, which implies that there is a positive sentiment for the stock.
