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. Texas Roadhouse Inc shares valued at $303,390 were sold by Mujica Hernan E. on Nov 14 ’24. At $202.26 per share, Mujica Hernan E. sold 1,500 shares. The insider’s holdings dropped to 16,342 shares worth approximately $2.96 million following the completion of this transaction.
Also, Mujica Hernan E. purchased 1,500 shares, netting a total of over 303,388 in proceeds.
Before that, EPPS DONNA E had sold 610 shares from its account. In a trade valued at $119,353, the Director traded Texas Roadhouse Inc shares for $195.66 each. Upon closing the transaction, the insider’s holdings decreased to 610 shares, worth approximately $0.64 million.
As published in their initiating research note from Goldman on December 05, 2024, Texas Roadhouse Inc [TXRH] has been a Neutral and the price target has been revised to $213. As of April 10, 2024, The Benchmark Company has initiated its “Hold” rating for TXRH. Earlier on March 13, 2024, Robert W. Baird upgraded its rating. Their new recommendation was “an Outperform” for TXRH stock which previously was a “a Neutral”.
Analyzing TXRH Stock Performance
During the last five days, there has been a drop of approximately -0.76%. Over the course of the year, Texas Roadhouse Inc shares have jumped approximately 0.43%. Shares of the company reached a 52-week high of $185.25 on 01/02/25 and a 52-week low of $180.70 on 01/02/25. A 50-day SMA is recorded $191.02, while a 200-day SMA reached $172.61. Nevertheless, trading volume fell to 0.78 million shares from 0.5 million shares the previous day.
Support And Resistance Levels for Texas Roadhouse Inc (TXRH)
According to the 24-hour chart, there is a support level at 179.51, which, if violated, would cause prices to drop to 177.83. In the upper region, resistance lies at 184.07. The next price resistance is at 186.94. RSI (Relative Strength Index) is 39.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.50, which suggests the price will decrease in the coming days. Percent R is at 79.91%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
