Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. KB Home shares valued at $1,450,894 were sold by PRAW ALBERT Z on Nov 14 ’24. At $79.18 per share, PRAW ALBERT Z sold 18,324 shares. The insider’s holdings dropped to 117,188 shares worth approximately $7.95 million following the completion of this transaction.
Also, PRAW ALBERT Z purchased 18,324 shares, netting a total of over 1,506,232 in proceeds.
Before that, Kaminski Jeff had sold 27,500 shares from its account. In a trade valued at $2,183,500, the EVP & Chief Financial Officer traded KB Home shares for $79.40 each. Upon closing the transaction, the insider’s holdings decreased to 27,500 shares, worth approximately $2.34 million.
As published in a research note from Seaport Research Partners on January 15, 2025, KB Home [KBH] has been rated up from a Sell to a Neutral. Analysts at RBC Capital Mkts upgraded the stock from ‘”an Underperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early January. As of December 11, 2024, Barclays has decreased its “an Overweight” rating to a “an Equal weight” for KBH. Earlier on October 07, 2024, Wells Fargo downgraded its rating. Their new recommendation was “an Underweight” for KBH stock which previously was a “an Equal weight”.
Analyzing KBH Stock Performance
During the last five days, there has been a surge of approximately 1.01%. Over the course of the year, KB Home shares have jumped approximately 3.24%. Shares of the company reached a 52-week high of $72.64 on 01/14/25 and a 52-week low of $62.42 on 01/13/25. A 50-day SMA is recorded $73.14, while a 200-day SMA reached $75.00. Nevertheless, trading volume fell to 1.01 million shares from 1.25 million shares the previous day.
Support And Resistance Levels for KB Home (KBH)
According to the 24-hour chart, there is a support level at 66.84, which, if violated, would cause prices to drop to 65.83. In the upper region, resistance lies at 68.39. The next price resistance is at 68.93. RSI (Relative Strength Index) is 47.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.54, which suggests the price will increase in the coming days. Percent R is at 46.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
