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. Triumph Financial Inc shares valued at $1,435,860 were sold by Graft Aaron P on Nov 29 ’24. At $106.36 per share, Graft Aaron P sold 13,500 shares. The insider’s holdings dropped to 151,533 shares worth approximately $13.3 million following the completion of this transaction.
Also, Aaron P. Graft purchased 27,000 shares, netting a total of over 2,935,440 in proceeds.
Before that, Schreyer Edward Joseph had sold 6,129 shares from its account. In a trade valued at $545,113, the EVP, Chief Operating Officer traded Triumph Financial Inc shares for $88.94 each. Upon closing the transaction, the insider’s holdings decreased to 6,129 shares, worth approximately $2.95 million.
As published in a research note from Keefe Bruyette on July 19, 2024, Triumph Financial Inc [TFIN] has been rated down from a Mkt perform to an Underperform and the price target has been revised to $70 from $75. Analysts at Piper Sandler downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in mid February. As of November 17, 2023, DA Davidson has decreased its “Buy” rating to a “Neutral” for TFIN.
Analyzing TFIN Stock Performance
During the last five days, there has been a drop of approximately -3.42%. Over the course of the year, Triumph Financial Inc shares have dropped approximately -3.42%. Shares of the company reached a 52-week high of $92.25 on 01/02/25 and a 52-week low of $85.45 on 01/08/25. A 50-day SMA is recorded $96.94, while a 200-day SMA reached $83.71. Nevertheless, trading volume fell to 0.1 million shares from 0.11 million shares the previous day.
Support And Resistance Levels for Triumph Financial Inc (TFIN)
According to the 24-hour chart, there is a support level at 86.09, which, if violated, would cause prices to drop to 84.42. In the upper region, resistance lies at 88.80. The next price resistance is at 89.83. RSI (Relative Strength Index) is 33.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.86, which suggests the price will decrease in the coming days. Percent R is at 82.67%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
