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. Toll Brothers Inc shares valued at $1,404,459 were sold by Connor Martin P. on Dec 30 ’24. At $126.07 per share, Connor Martin P. sold 11,140 shares. The insider’s holdings dropped to 20,618 shares worth approximately $2.62 million following the completion of this transaction.
Also, Connor Martin P. purchased 11,140 shares, netting a total of over 1,404,459 in proceeds.
Before that, GARVEY CHRISTINE had sold 204 shares from its account. In a trade valued at $25,659, the Director traded Toll Brothers Inc shares for $125.78 each. Upon closing the transaction, the insider’s holdings decreased to 204 shares, worth approximately $0.98 million.
As published in a research note from JP Morgan on December 13, 2024, Toll Brothers Inc [TOL] has been rated down from an Overweight to a Neutral and the price target has been revised to $150 from $166. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early December. As of October 25, 2024, Wedbush has increased its “Neutral” rating to a “an Outperform” for TOL. Earlier on August 05, 2024, Seaport Research Partners downgraded its rating. Their new recommendation was “a Sell” for TOL stock which previously was a “a Neutral”.
Analyzing TOL Stock Performance
During the last five days, there has been a surge of approximately 0.86%. Over the course of the year, Toll Brothers Inc shares have jumped approximately 0.86%. Shares of the company reached a 52-week high of $128.41 on 01/06/25 and a 52-week low of $122.56 on 01/08/25. A 50-day SMA is recorded $144.75, while a 200-day SMA reached $134.72. Nevertheless, trading volume fell to 1.34 million shares from 1.36 million shares the previous day.
Support And Resistance Levels for Toll Brothers Inc (TOL)
According to the 24-hour chart, there is a support level at 123.94, which, if violated, would cause prices to drop to 120.86. In the upper region, resistance lies at 128.73. The next price resistance is at 130.44. RSI (Relative Strength Index) is 36.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.36, which suggests the price will decrease in the coming days. Percent R is at 50.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
