Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Tetra Tech, Inc shares valued at $347,313 were purchased by Volpi Kirsten M on Feb 04 ’25. At $34.33 per share, Volpi Kirsten M acquired 10,116 shares.
Also, BURDICK STEVEN M sold 36,830 shares, netting a total of over 1,715,173 in proceeds. Following the sale of shares at $46.57 each, the insider now holds 112,620 shares.
Before that, Ritrievi Kimberly E had sold 6,500 shares from its account. In a trade valued at $302,120, the Director traded Tetra Tech, Inc shares for $46.48 each. Upon closing the transaction, the insider’s holdings decreased to 6,500 shares, worth approximately $4.88 million.
As published in a research note from Maxim Group on May 16, 2024, Tetra Tech, Inc [TTEK] has been retained to a Buy and the price target has been revised to $268. Analysts at Northcoast upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early May. As of January 10, 2024, KeyBanc Capital Markets has initiated its “an Overweight” rating for TTEK. Earlier on September 13, 2023, William Blair initiated its rating. Their recommendation was “an Outperform” for TTEK stock.
Analyzing TTEK Stock Performance
During the last five days, there has been a drop of approximately -9.50%. Over the course of the year, Tetra Tech, Inc shares have dropped approximately -14.43%. Shares of the company reached a 52-week high of $42.98 on 01/21/25 and a 52-week low of $31.09 on 01/30/25. A 50-day SMA is recorded $40.36, while a 200-day SMA reached $43.29. Nevertheless, trading volume fell to 2.9 million shares from 4.44 million shares the previous day.
Support And Resistance Levels for Tetra Tech, Inc (TTEK)
According to the 24-hour chart, there is a support level at 33.58, which, if violated, would cause prices to drop to 33.07. In the upper region, resistance lies at 34.69. The next price resistance is at 35.30. RSI (Relative Strength Index) is 22.26 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.15, which suggests the price will decrease in the coming days. Percent R is at 74.77%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
