Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Taylor Morrison Home Corp shares valued at $1,808,086 were sold by LYON WILLIAM H on Nov 25 ’24. At $74.46 per share, LYON WILLIAM H sold 24,284 shares. The insider’s holdings dropped to 2,045,316 shares worth approximately $131.74 million following the completion of this transaction.
Also, LYON WILLIAM H sold 40,925 shares, netting a total of over 2,955,604 in proceeds. Following the sale of shares at $72.22 each, the insider now holds 2,095,316 shares.
Before that, LYON WILLIAM H had sold 25,716 shares from its account. In a trade valued at $1,904,784, the Director traded Taylor Morrison Home Corp shares for $74.07 each. Upon closing the transaction, the insider’s holdings decreased to 25,716 shares, worth approximately $133.3 million.
As published in a research note from Seaport Research Partners on January 27, 2025, Taylor Morrison Home Corp [TMHC] has been rated down from a Neutral to a Sell. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of December 11, 2024, Barclays has increased its “an Equal weight” rating to a “an Overweight” for TMHC. Earlier on October 25, 2024, Wedbush upgraded its rating. Their new recommendation was “an Outperform” for TMHC stock which previously was a “a Neutral”.
Analyzing TMHC Stock Performance
During the last five days, there has been a drop of approximately -2.59%. Over the course of the year, Taylor Morrison Home Corp shares have jumped approximately 5.23%. Shares of the company reached a 52-week high of $68.23 on 01/27/25 and a 52-week low of $58.85 on 01/10/25. A 50-day SMA is recorded $65.95, while a 200-day SMA reached $63.42. Nevertheless, trading volume fell to 1.25 million shares from 1.1 million shares the previous day.
Support And Resistance Levels for Taylor Morrison Home Corp (TMHC)
According to the 24-hour chart, there is a support level at 63.13, which, if violated, would cause prices to drop to 61.86. In the upper region, resistance lies at 66.21. The next price resistance is at 68.02. RSI (Relative Strength Index) is 49.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.43, which suggests the price will increase in the coming days. Percent R is at 40.72%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
