Travel+Leisure Co’s recent filing unveils that its insider RICHARDS GEOFFREY unloaded Company’s shares for reported $0.53 million on Nov 25 ’24. In the deal valued at $56.56 per share,9,400 shares were sold. As a result of this transaction, RICHARDS GEOFFREY now holds 111,202 shares worth roughly $5.7 million.
Then, RICHARDS GEOFFREY bought 10,000 shares, generating $565,500 in total proceeds.
Before that, MYERS JEFFREY sold 13,569 shares. Travel+Leisure Co shares valued at $731,912 were divested by the insider at a price of $53.94 per share. As a result of the transaction, MYERS JEFFREY now holds 146,399 shares, worth roughly $7.5 million.
Morgan Stanley initiated its Travel+Leisure Co [TNL] rating to an Overweight in a research note published on January 06, 2025; the price target was $67. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in late September from “an Equal weight” to “an Underweight”. Goldman began covering TNL with “Neutral” recommendation on September 18, 2024. Mizuho started covering the stock on March 26, 2024. It rated TNL as “a Neutral”.
Price Performance Review of TNL
On Monday, Travel+Leisure Co [NYSE:TNL] saw its stock jump 2.77% to $51.23. Over the last five days, the stock has gained 1.35%. Travel+Leisure Co shares have risen nearly 1.55% since the year began. Nevertheless, the stocks have risen 30.66% over the past one year. While a 52-week high of $56.91 was reached on 01/06/25, a 52-week low of $37.99 was recorded on 01/03/25. SMA at 50 days reached $52.27, while 200 days put it at $46.69.
Levels Of Support And Resistance For TNL Stock
The 24-hour chart illustrates a support level at 50.38, which if violated will result in even more drops to 49.53. On the upside, there is a resistance level at 51.96. A further resistance level may holdings at 52.69. The Relative Strength Index (RSI) on the 14-day chart is 47.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.48%. Stochastics %K at 21.93% indicates the stock is a holding.
How much short interest is there in Travel+Leisure Co?
A steep rise in short interest was recorded in Travel+Leisure Co stocks on 2024-12-13, dropping by -0.29 million shares to a total of 1.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.57 million shares. There was a decline of -22.99%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 13, 2024 when JMP Securities began covering the stock and recommended ‘”a Mkt outperform”‘ rating along with a $50 price target.
