Home Depot, Inc’s recent filing unveils that its EVP, Merchandising Bastek William D unloaded Company’s shares for reported $1.24 million on Nov 22 ’24. In the deal valued at $416.61 per share,2,969 shares were sold. As a result of this transaction, Bastek William D now holds 21,514 shares worth roughly $8.44 million.
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Then, Bastek William D bought 2,969 shares, generating $1,236,910 in total proceeds.
Before that, Campbell Ann Marie sold 100 shares. Home Depot, Inc shares valued at $40,258 were divested by the Senior EVP at a price of $402.58 per share. As a result of the transaction, Campbell Ann Marie now holds 12,465 shares, worth roughly $4.89 million.
Telsey Advisory Group upgraded its Home Depot, Inc [HD] rating to an Outperform from a a Market perform in a research note published on November 08, 2024; the price target was increased to $455 from $360. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in late October with a ‘”a Mkt perform”‘ rating. Loop Capital also remained covering HD and has increased its forecast on October 09, 2024 with a “Buy” recommendation from previously “Hold” rating. Gordon Haskett revised its rating on October 02, 2024. It rated HD as “a Buy” which previously was an “a Accumulate”.
Price Performance Review of HD
On Monday, Home Depot, Inc [NYSE:HD] saw its stock fall -0.04% to $392.45. Over the last five days, the stock has lost -4.45%. Home Depot, Inc shares have risen nearly 13.24% since the year began. Nevertheless, the stocks have risen 12.46% over the past one year. While a 52-week high of $439.37 was reached on 11/26/24, a 52-week low of $323.77 was recorded on 05/29/24. SMA at 50 days reached $409.67, while 200 days put it at $371.73.
Levels Of Support And Resistance For HD Stock
The 24-hour chart illustrates a support level at 388.57, which if violated will result in even more drops to 384.70. On the upside, there is a resistance level at 394.78. A further resistance level may holdings at 397.12. The Relative Strength Index (RSI) on the 14-day chart is 36.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -22.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.37%. Stochastics %K at 11.93% indicates the stock is a buying.
How much short interest is there in Home Depot, Inc?
A steep rise in short interest was recorded in Home Depot, Inc stocks on 2024-11-29, dropping by 30060.0 shares to a total of 10.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 10.57 million shares. There was a decline of -0.29%, which implies that there is a negative sentiment for the stock.
