KD Logo

Taking a Closer Look At D.R. Horton Inc (DHI) Following Its Recent Trade

D.R. Horton Inc’s recently made public that its Director Allen Barbara K unloaded Company’s shares for reported $0.92 million on Nov 21 ’24. In the deal valued at $163.10 per share,5,650 shares were sold. As a result of this transaction, Allen Barbara K now holds 0 shares worth roughly $0.0.

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, Allen Barbara K bought 5,650 shares, generating $916,430 in total proceeds.

Before that, Odom Aron M. sold 1,000 shares. D.R. Horton Inc shares valued at $191,250 were divested by the SVP, Controller and PAO at a price of $191.25 per share. As a result of the transaction, Odom Aron M. now holds 6,457 shares, worth roughly $1.01 million.

Keefe Bruyette downgraded its D.R. Horton Inc [DHI] rating to a Mkt perform from a an Outperform in a research note published on December 10, 2024; the price target was decreased to $183 from $200. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early November from “an Outperform” to “a Mkt perform”. Wedbush also remained covering DHI and has increased its forecast on October 15, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Citigroup revised its rating on July 02, 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 fall -2.46% to $157.00. Over the last five days, the stock has lost -5.95%. D.R. Horton Inc shares have risen nearly 3.30% since the year began. Nevertheless, the stocks have risen 13.39% over the past one year. While a 52-week high of $199.85 was reached on 09/19/24, a 52-week low of $133.02 was recorded on 07/02/24. SMA at 50 days reached $173.69, while 200 days put it at $163.73.

Levels Of Support And Resistance For DHI Stock

The 24-hour chart illustrates a support level at 155.56, which if violated will result in even more drops to 154.12. On the upside, there is a resistance level at 158.52. A further resistance level may holdings at 160.05. The Relative Strength Index (RSI) on the 14-day chart is 35.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.29%. Stochastics %K at 9.42% indicates the stock is a buying.

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 2024-11-29, growing by 1.42 million shares to a total of 7.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 6.19 million shares. There was a rise of 18.68%, which implies that there is a positive sentiment for the stock.

Most Popular