Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Tractor Supply Co shares valued at $4,809,106 were sold by Lawton III Harry A on Feb 03 ’25. At $54.59 per share, Lawton III Harry A sold 88,095 shares. The insider’s holdings dropped to 488,852 shares worth approximately $26.21 million following the completion of this transaction.
Also, Lawton III Harry A purchased 88,095 shares, netting a total of over 4,808,769 in proceeds.
Before that, Barton Kurt D had sold 23,532 shares from its account. In a trade valued at $6,956,923, the EVP Chief Financial Officer traded Tractor Supply Co shares for $295.64 each. Upon closing the transaction, the insider’s holdings decreased to 23,532 shares, worth approximately $0.52 million.
As published in a research note from Mizuho on January 06, 2025, Tractor Supply Co [TSCO] has been rated up from a Neutral to an Outperform and the price target has been revised to $60 from $54. Analysts at Telsey Advisory Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in mid October. As of October 03, 2024, Evercore ISI has decreased its “an Outperform” rating to a “an In-line” for TSCO. Earlier on July 26, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “an Outperform” for TSCO stock.
Analyzing TSCO Stock Performance
During the last five days, there has been a drop of approximately -6.21%. Over the course of the year, Tractor Supply Co shares have jumped approximately 1.04%. Shares of the company reached a 52-week high of $58.96 on 01/28/25 and a 52-week low of $51.28 on 01/03/25. A 50-day SMA is recorded $55.27, while a 200-day SMA reached $55.02. Nevertheless, trading volume fell to 4.06 million shares from 6.17 million shares the previous day.
Support And Resistance Levels for Tractor Supply Co (TSCO)
According to the 24-hour chart, there is a support level at 53.28, which, if violated, would cause prices to drop to 52.95. In the upper region, resistance lies at 54.12. The next price resistance is at 54.63. RSI (Relative Strength Index) is 41.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.65, which suggests the price will decrease in the coming days. Percent R is at 84.52%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
