Travel+Leisure Co’s recently made public that its insider RICHARDS GEOFFREY unloaded Company’s shares for reported $0.53 million on Nov 25 ’24. In the deal valued at $56.56 per share,9,400 shares were sold. As a result of this transaction, RICHARDS GEOFFREY now holds 111,202 shares worth roughly $6.08 million.
Then, RICHARDS GEOFFREY bought 10,000 shares, generating $565,500 in total proceeds.
Before that, MYERS JEFFREY sold 13,569 shares. Travel+Leisure Co shares valued at $731,912 were divested by the insider at a price of $53.94 per share. As a result of the transaction, MYERS JEFFREY now holds 146,399 shares, worth roughly $8.01 million.
BofA Securities upgraded its Travel+Leisure Co [TNL] rating to a Buy from a an Underperform in a research note published on January 27, 2025; the price target was increased to $60 from $40. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Barclays also remained covering TNL and has decreased its forecast on September 26, 2024 with a “an Underweight” recommendation from previously “an Equal weight” rating. Goldman started covering the stock on September 18, 2024. It rated TNL as “a Neutral”.
Price Performance Review of TNL
On Monday, Travel+Leisure Co [NYSE:TNL] saw its stock jump 0.64% to $54.71. Over the last five days, the stock has gained 0.76%. Travel+Leisure Co shares have risen nearly 8.44% since the year began. Nevertheless, the stocks have risen 35.35% over the past one year. While a 52-week high of $56.91 was reached on 01/30/25, a 52-week low of $39.66 was recorded on 01/13/25. SMA at 50 days reached $52.91, while 200 days put it at $47.24.
Levels Of Support And Resistance For TNL Stock
The 24-hour chart illustrates a support level at 53.34, which if violated will result in even more drops to 51.96. On the upside, there is a resistance level at 55.53. A further resistance level may holdings at 56.34. The Relative Strength Index (RSI) on the 14-day chart is 62.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.80%. Stochastics %K at 82.27% indicates the stock is a selling.
How much short interest is there in Travel+Leisure Co?
A steep rise in short interest was recorded in Travel+Leisure Co stocks on 2025-01-15, growing by 23209.0 shares to a total of 1.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.28 million shares. There was a rise of 1.79%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 26, 2024 when Mizuho began covering the stock and recommended ‘”a Neutral”‘ rating along with a $55 price target.
