In a filing, Invitation Homes Inc revealed its Officer Eisen Scott G. acquired Company’s shares for reported $0.37 million on Dec 10 ’24. In the deal valued at $33.61 per share,11,000 shares were bought.
Then, Solls Family Trust DTD 01-24-2 bought 16,100 shares, generating $543,245 in total proceeds.
Before that, Barbe, Cohen Jana sold 7,200 shares. Invitation Homes Inc shares valued at $248,976 were divested by the Director at a price of $34.58 per share. As a result of the transaction, Barbe, Cohen Jana now holds 28,068 shares, worth roughly $0.87 million.
Jefferies downgraded its Invitation Homes Inc [INVH] rating to a Hold from a a Buy in a research note published on January 02, 2025; the price target was decreased to $33 from $39. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. BofA Securities also remained covering INVH and has decreased its forecast on September 24, 2024 with a “Neutral” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on September 09, 2024. It rated INVH as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of INVH
On Tuesday, Invitation Homes Inc [NYSE:INVH] saw its stock fall -0.74% to $30.96. Over the last five days, the stock has lost -2.73%. Invitation Homes Inc shares have fallen nearly -3.16% since the year began. Nevertheless, the stocks have fallen -8.56% over the past one year. While a 52-week high of $37.80 was reached on 01/06/25, a 52-week low of $31.01 was recorded on 01/07/25. SMA at 50 days reached $33.01, while 200 days put it at $34.58.
Levels Of Support And Resistance For INVH Stock
The 24-hour chart illustrates a support level at 30.66, which if violated will result in even more drops to 30.36. On the upside, there is a resistance level at 31.38. A further resistance level may holdings at 31.81. The Relative Strength Index (RSI) on the 14-day chart is 33.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.43%. Stochastics %K at 11.52% indicates the stock is a buying.
How much short interest is there in Invitation Homes Inc?
A steep rise in short interest was recorded in Invitation Homes Inc stocks on 2024-12-13, dropping by -1.65 million shares to a total of 10.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 11.97 million shares. There was a decline of -16.0%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 04, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $46 price target.
