Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Invitation Homes Inc shares valued at $369,675 were purchased by Eisen Scott G. on Dec 10 ’24. At $33.61 per share, Eisen Scott G. acquired 11,000 shares.
Also, Solls Family Trust DTD 01-24-2 purchased 16,100 shares, netting a total of over 543,245 in proceeds.
Before that, Barbe, Cohen Jana had sold 7,200 shares from its account. In a trade valued at $248,976, the Director traded Invitation Homes Inc shares for $34.58 each. Upon closing the transaction, the insider’s holdings decreased to 7,200 shares, worth approximately $0.87 million.
As published in a research note from Jefferies on January 02, 2025, Invitation Homes Inc [INVH] has been rated down from a Buy to a Hold and the price target has been revised to $33 from $39. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of September 24, 2024, BofA Securities has decreased its “Buy” rating to a “Neutral” for INVH. Earlier on September 09, 2024, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for INVH stock which previously was a “an Outperform”.
Analyzing INVH Stock Performance
During the last five days, there has been a surge of approximately 1.34%. Over the course of the year, Invitation Homes Inc shares have dropped approximately -2.78%. Shares of the company reached a 52-week high of $32.00 on 01/06/25 and a 52-week low of $30.13 on 01/10/25. A 50-day SMA is recorded $32.77, while a 200-day SMA reached $34.45. Nevertheless, trading volume fell to 5.42 million shares from 3.88 million shares the previous day.
Support And Resistance Levels for Invitation Homes Inc (INVH)
According to the 24-hour chart, there is a support level at 30.57, which, if violated, would cause prices to drop to 30.05. In the upper region, resistance lies at 31.36. The next price resistance is at 31.63. RSI (Relative Strength Index) is 41.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.46, which suggests the price will decrease in the coming days. Percent R is at 59.92%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
