Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. D.R. Horton Inc shares valued at $624,232 were purchased by Allen Barbara K on Jan 22 ’25. At $145.31 per share, Allen Barbara K acquired 4,296 shares.
Also, Allen Barbara K sold 5,650 shares, netting a total of over 921,515 in proceeds. Following the sale of shares at $163.10 each, the insider now holds 0 shares.
Before that, Allen Barbara K had added 5,650 shares to its account. In a trade valued at $916,430, the Director bought D.R. Horton Inc shares for $162.20 each.
As published in a research note from JP Morgan on December 13, 2024, D.R. Horton Inc [DHI] has been rated down from a Neutral to an Underweight and the price target has been revised to $156 from $188. Analysts at Barclays downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid December. As of December 10, 2024, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for DHI. Earlier on November 07, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for DHI stock which previously was a “an Outperform”.
Analyzing DHI Stock Performance
During the last five days, there has been a drop of approximately -0.12%. Over the course of the year, D.R. Horton Inc shares have jumped approximately 3.88%. Shares of the company reached a 52-week high of $154.22 on 01/21/25 and a 52-week low of $136.23 on 01/13/25. A 50-day SMA is recorded $152.13, while a 200-day SMA reached $161.98. Nevertheless, trading volume fell to 2.54 million shares from 3.83 million shares the previous day.
Support And Resistance Levels for D.R. Horton Inc (DHI)
According to the 24-hour chart, there is a support level at 144.04, which, if violated, would cause prices to drop to 142.84. In the upper region, resistance lies at 146.46. The next price resistance is at 147.68. RSI (Relative Strength Index) is 49.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.27, which suggests the price will increase in the coming days. Percent R is at 49.91%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
