Texas Roadhouse Inc’s filing revealed that its CHIEF LEGAL & ADMIN OFFICER Colson Christopher C. unloaded Company’s shares for reported $0.25 million on Jan 10 ’25. In the deal valued at $179.46 per share,1,370 shares were sold. As a result of this transaction, Colson Christopher C. now holds 10,000 shares worth roughly $1.82 million.
Then, CHRISTOPHER COLSON bought 1,370 shares, generating $245,860 in total proceeds.
Before that, Mujica Hernan E. sold 1,500 shares. Texas Roadhouse Inc shares valued at $303,390 were divested by the CHIEF TECHNOLOGY OFFICER at a price of $202.26 per share. As a result of the transaction, Mujica Hernan E. now holds 16,342 shares, worth roughly $2.97 million.
Morgan Stanley upgraded its Texas Roadhouse Inc [TXRH] rating to an Overweight from a an Equal-weight in a research note published on January 21, 2025; the price target was increased to $213 from $205. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Goldman began covering TXRH with “Neutral” recommendation on December 05, 2024.
Price Performance Review of TXRH
On Tuesday, Texas Roadhouse Inc [NASDAQ:TXRH] saw its stock fall -0.80% to $182.02. Over the last five days, the stock has gained 0.61%. Texas Roadhouse Inc shares have risen nearly 0.88% since the year began. Nevertheless, the stocks have risen 41.46% over the past one year. While a 52-week high of $206.04 was reached on 02/04/25, a 52-week low of $126.93 was recorded on 01/13/25. SMA at 50 days reached $186.40, while 200 days put it at $175.68.
Levels Of Support And Resistance For TXRH Stock
The 24-hour chart illustrates a support level at 179.68, which if violated will result in even more drops to 177.35. On the upside, there is a resistance level at 184.85. A further resistance level may holdings at 187.69. The Relative Strength Index (RSI) on the 14-day chart is 49.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.51, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 33.47%. Stochastics %K at 72.14% indicates the stock is a holding.
How much short interest is there in Texas Roadhouse Inc?
A steep rise in short interest was recorded in Texas Roadhouse Inc stocks on 2025-01-15, growing by 31846.0 shares to a total of 1.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.73 million shares. There was a rise of 1.81%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 10, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Hold”‘ rating .
