KB Home’s recent filing unveils that its EVP & Chief Financial Officer Kaminski Jeff unloaded Company’s shares for reported $1.89 million on Jan 28 ’25. In the deal valued at $68.77 per share,27,500 shares were sold. As a result of this transaction, Kaminski Jeff now holds 34,473 shares worth roughly $2.29 million.
Then, Kaminski Jeff bought 27,500 shares, generating $1,891,253 in total proceeds.
Before that, PRAW ALBERT Z sold 18,324 shares. KB Home shares valued at $1,450,894 were divested by the EVP, Real Estate & Bus. Dev. at a price of $79.18 per share. As a result of the transaction, PRAW ALBERT Z now holds 117,188 shares, worth roughly $7.79 million.
Seaport Research Partners upgraded its KB Home [KBH] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early January from “an Underperform” to “a Sector perform”. Barclays also remained covering KBH and has decreased its forecast on December 11, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Wells Fargo revised its rating on October 07, 2024. It rated KBH as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of KBH
On Tuesday, KB Home [NYSE:KBH] saw its stock jump 1.65% to $66.50. Over the last five days, the stock has lost -2.74%. KB Home shares have risen nearly 1.19% since the year began. Nevertheless, the stocks have risen 9.34% over the past one year. While a 52-week high of $89.70 was reached on 01/14/25, a 52-week low of $58.15 was recorded on 01/13/25. SMA at 50 days reached $71.00, while 200 days put it at $75.14.
Levels Of Support And Resistance For KBH Stock
The 24-hour chart illustrates a support level at 65.40, which if violated will result in even more drops to 64.30. On the upside, there is a resistance level at 67.25. A further resistance level may holdings at 68.00. The Relative Strength Index (RSI) on the 14-day chart is 45.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.85%. Stochastics %K at 26.41% indicates the stock is a holding.
How much short interest is there in KB Home?
A steep rise in short interest was recorded in KB Home stocks on 2024-12-31, dropping by -0.29 million shares to a total of 5.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.68 million shares. There was a decline of -5.38%, which implies that there is a negative sentiment for the stock.
