In a filing, Treehouse Foods Inc revealed its EVP, General Counsel and CHRO WATERMAN KRISTY N. unloaded Company’s shares for reported $0.13 million on Aug 26 ’24. In the deal valued at $42.34 per share,3,000 shares were sold. As a result of this transaction, WATERMAN KRISTY N. now holds 20,784 shares worth roughly $0.71 million.
Then, WATERMAN KRISTY N. bought 3,000 shares, generating $127,022 in total proceeds.
Before that, Landry Stephen Alan sold 3,723 shares. Treehouse Foods Inc shares valued at $130,268 were divested by the SVP, Chief Operations Officer at a price of $34.99 per share. As a result of the transaction, Landry Stephen Alan now holds 0 shares, worth roughly $0.0.
Consumer Edge Research downgraded its Treehouse Foods Inc [THS] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in early June with a ‘”a Neutral”‘ rating. Truist also remained covering THS and has decreased its forecast on February 20, 2024 with a “Hold” recommendation from previously “Buy” rating. Stephens started covering the stock on October 13, 2023. It rated THS as “an Equal-weight”.
Price Performance Review of THS
On Monday, Treehouse Foods Inc [NYSE:THS] saw its stock fall -2.98% to $34.17. Over the last five days, the stock has lost -2.79%. Treehouse Foods Inc shares have fallen nearly -2.73% since the year began. Nevertheless, the stocks have fallen -16.56% over the past one year. While a 52-week high of $43.84 was reached on 01/02/25, a 52-week low of $28.04 was recorded on 01/06/25. SMA at 50 days reached $34.93, while 200 days put it at $37.46.
Levels Of Support And Resistance For THS Stock
The 24-hour chart illustrates a support level at 33.52, which if violated will result in even more drops to 32.87. On the upside, there is a resistance level at 35.17. A further resistance level may holdings at 36.17. The Relative Strength Index (RSI) on the 14-day chart is 46.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.35%. Stochastics %K at 68.71% indicates the stock is a holding.
How much short interest is there in Treehouse Foods Inc?
A steep rise in short interest was recorded in Treehouse Foods Inc stocks on 2024-12-13, growing by 0.53 million shares to a total of 2.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.62 million shares. There was a rise of 24.48%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 13, 2023 when TD Cowen began covering the stock and recommended ‘”a Market perform”‘ rating along with a $45 price target.
