Toll Brothers Inc’s recent filing unveils that its Chief Financial Officer Connor Martin P. unloaded Company’s shares for reported $1.4 million on Dec 30 ’24. In the deal valued at $126.07 per share,11,140 shares were sold. As a result of this transaction, Connor Martin P. now holds 20,618 shares worth roughly $2.8 million.
Then, Connor Martin P. bought 11,140 shares, generating $1,404,459 in total proceeds.
Before that, GARVEY CHRISTINE sold 204 shares. Toll Brothers Inc shares valued at $25,659 were divested by the Director at a price of $125.78 per share. As a result of the transaction, GARVEY CHRISTINE now holds 7,728 shares, worth roughly $1.05 million.
JP Morgan downgraded its Toll Brothers Inc [TOL] rating to a Neutral from a an Overweight in a research note published on December 13, 2024; the price target was decreased to $150 from $166. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early December from “an Outperform” to “a Mkt perform”. Wedbush also remained covering TOL and has increased its forecast on October 25, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Seaport Research Partners revised its rating on August 05, 2024. It rated TOL as “a Sell” which previously was an “a Neutral”.
Price Performance Review of TOL
On Tuesday, Toll Brothers Inc [NYSE:TOL] saw its stock jump 0.33% to $135.61. Over the last five days, the stock has gained 7.50%. Toll Brothers Inc shares have risen nearly 7.67% since the year began. Nevertheless, the stocks have risen 36.55% over the past one year. While a 52-week high of $169.52 was reached on 01/21/25, a 52-week low of $95.46 was recorded on 01/08/25. SMA at 50 days reached $142.33, while 200 days put it at $134.88.
Levels Of Support And Resistance For TOL Stock
The 24-hour chart illustrates a support level at 134.16, which if violated will result in even more drops to 132.71. On the upside, there is a resistance level at 137.91. A further resistance level may holdings at 140.22. The Relative Strength Index (RSI) on the 14-day chart is 54.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.49%. Stochastics %K at 81.74% indicates the stock is a selling.
How much short interest is there in Toll Brothers Inc?
A steep rise in short interest was recorded in Toll Brothers Inc stocks on 2024-11-15, dropping by -0.92 million shares to a total of 2.58 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.51 million shares. There was a decline of -35.85%, which implies that there is a negative sentiment for the stock.
