Terreno Realty Corp’s recent filing unveils that its PRESIDENT COKE MICHAEL A unloaded Company’s shares for reported $0.51 million on Aug 09 ’24. In the deal valued at $68.53 per share,7,500 shares were sold. As a result of this transaction, COKE MICHAEL A now holds 402,164 shares worth roughly $26.62 million.
Then, Meyer John Tull sold 6,145 shares, generating $421,793 in total proceeds. Upon selling the shares at $68.64, the EVP now owns 110,988 shares.
Before that, Cannon Jaime Jackson sold 4,998 shares. Terreno Realty Corp shares valued at $341,813 were divested by the CFO at a price of $68.39 per share. As a result of the transaction, Cannon Jaime Jackson now holds 101,927 shares, worth roughly $6.75 million.
Deutsche Bank initiated its Terreno Realty Corp [TRNO] rating to a Hold in a research note published on January 14, 2025; the price target was $60. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid January from “an Overweight” to “an Equal weight”. Mizuho also remained covering TRNO and has decreased its forecast on September 05, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Wells Fargo revised its rating on August 28, 2024. It rated TRNO as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of TRNO
On Tuesday, Terreno Realty Corp [NYSE:TRNO] saw its stock jump 0.08% to $66.20. Over the last five days, the stock has gained 2.86%. Terreno Realty Corp shares have risen nearly 11.94% since the year began. Nevertheless, the stocks have risen 9.89% over the past one year. While a 52-week high of $71.63 was reached on 01/28/25, a 52-week low of $53.78 was recorded on 01/03/25. SMA at 50 days reached $60.77, while 200 days put it at $62.03.
Levels Of Support And Resistance For TRNO Stock
The 24-hour chart illustrates a support level at 65.58, which if violated will result in even more drops to 64.97. On the upside, there is a resistance level at 66.92. A further resistance level may holdings at 67.65. The Relative Strength Index (RSI) on the 14-day chart is 74.22, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.92, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.48%. Stochastics %K at 93.48% indicates the stock is a selling.
How much short interest is there in Terreno Realty Corp?
A steep rise in short interest was recorded in Terreno Realty Corp stocks on 2025-01-15, growing by 1.93 million shares to a total of 7.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.69 million shares. There was a rise of 25.35%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 04, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $68 price target.
