Tractor Supply Co’s recently made public that its EVP Chief Financial Officer Barton Kurt D unloaded Company’s shares for reported $6.96 million on Oct 01 ’24. In the deal valued at $295.64 per share,23,532 shares were sold. As a result of this transaction, Barton Kurt D now holds 9,683 shares worth roughly $0.53 million.
Then, Barton Kurt D bought 23,532 shares, generating $6,956,918 in total proceeds.
Before that, Barton Kurt D sold 10,995 shares. Tractor Supply Co shares valued at $3,023,625 were divested by the EVP Chief Financial Officer at a price of $275.00 per share. As a result of the transaction, Barton Kurt D now holds 9,683 shares, worth roughly $0.53 million.
Mizuho upgraded its Tractor Supply Co [TSCO] rating to an Outperform from a a Neutral in a research note published on January 06, 2025; the price target was increased to $60 from $54. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in mid October has reiterated a ‘”an Outperform”‘ rating for it. Evercore ISI also remained covering TSCO and has decreased its forecast on October 03, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Telsey Advisory Group maintained its rating on July 26, 2024. It rated TSCO as “an Outperform”.
Price Performance Review of TSCO
On Friday, Tractor Supply Co [NASDAQ:TSCO] saw its stock jump 0.37% to $54.59. Over the last five days, the stock has gained 4.22%. Tractor Supply Co shares have risen nearly 2.88% since the year began. Nevertheless, the stocks have risen 23.61% over the past one year. While a 52-week high of $61.53 was reached on 01/10/25, a 52-week low of $43.83 was recorded on 01/03/25. SMA at 50 days reached $55.22, while 200 days put it at $54.60.
Levels Of Support And Resistance For TSCO Stock
The 24-hour chart illustrates a support level at 53.90, which if violated will result in even more drops to 53.21. On the upside, there is a resistance level at 55.54. A further resistance level may holdings at 56.49. The Relative Strength Index (RSI) on the 14-day chart is 50.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.77%. Stochastics %K at 72.54% indicates the stock is a holding.
How much short interest is there in Tractor Supply Co?
A steep rise in short interest was recorded in Tractor Supply Co stocks on 2024-12-13, growing by 2.05 million shares to a total of 31.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 29.85 million shares. There was a rise of 6.41%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 01, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $305.
