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TXRH (Texas Roadhouse Inc) may reap gains as insiders became active recently

Texas Roadhouse Inc’s recent filing unveils that its CHIEF TECHNOLOGY OFFICER Mujica Hernan E. unloaded Company’s shares for reported $0.3 million on Nov 14 ’24. In the deal valued at $202.26 per share,1,500 shares were sold. As a result of this transaction, Mujica Hernan E. now holds 16,342 shares worth roughly $2.96 million.

Then, Mujica Hernan E. bought 1,500 shares, generating $303,388 in total proceeds.

Before that, EPPS DONNA E sold 610 shares. Texas Roadhouse Inc shares valued at $119,353 were divested by the Director at a price of $195.66 per share. As a result of the transaction, EPPS DONNA E now holds 3,532 shares, worth roughly $0.64 million.

Goldman initiated its Texas Roadhouse Inc [TXRH] rating to a Neutral in a research note published on December 05, 2024; the price target was $213. The Benchmark Company began covering TXRH with “Hold” recommendation on April 10, 2024. Robert W. Baird revised its rating on March 13, 2024. It rated TXRH as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of TXRH

On Monday, Texas Roadhouse Inc [NASDAQ:TXRH] saw its stock fall -1.08% to $180.97. Over the last five days, the stock has lost -0.49%. Texas Roadhouse Inc shares have risen nearly 0.30% since the year began. Nevertheless, the stocks have risen 53.43% over the past one year. While a 52-week high of $206.04 was reached on 01/02/25, a 52-week low of $115.48 was recorded on 01/06/25. SMA at 50 days reached $191.11, while 200 days put it at $172.89.

Levels Of Support And Resistance For TXRH Stock

The 24-hour chart illustrates a support level at 178.94, which if violated will result in even more drops to 176.92. On the upside, there is a resistance level at 183.71. A further resistance level may holdings at 186.46. The Relative Strength Index (RSI) on the 14-day chart is 39.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.37%. Stochastics %K at 26.97% indicates the stock is a holding.

How much short interest is there in Texas Roadhouse Inc?

A steep rise in short interest was recorded in Texas Roadhouse Inc stocks on 2024-12-13, growing by 0.11 million shares to a total of 1.73 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 6.38%, which implies that there is a positive sentiment for the stock.

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