Taylor Morrison Home Corp’s filing revealed that its Director LYON WILLIAM H unloaded Company’s shares for reported $1.81 million on Nov 25 ’24. In the deal valued at $74.46 per share,24,284 shares were sold. As a result of this transaction, LYON WILLIAM H now holds 2,045,316 shares worth roughly $127.26 million.
Then, LYON WILLIAM H sold 40,925 shares, generating $2,955,604 in total proceeds. Upon selling the shares at $72.22, the Director now owns 2,095,316 shares.
Before that, LYON WILLIAM H sold 25,716 shares. Taylor Morrison Home Corp shares valued at $1,904,784 were divested by the Director at a price of $74.07 per share. As a result of the transaction, LYON WILLIAM H now holds 2,069,600 shares, worth roughly $128.77 million.
Seaport Research Partners downgraded its Taylor Morrison Home Corp [TMHC] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early January from “a Peer perform” to “an Outperform”. Barclays also remained covering TMHC and has increased its forecast on December 11, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Wedbush revised its rating on October 25, 2024. It rated TMHC as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of TMHC
On Monday, Taylor Morrison Home Corp [NYSE:TMHC] saw its stock jump 0.97% to $62.22. Over the last five days, the stock has lost -1.05%. Taylor Morrison Home Corp shares have risen nearly 1.65% since the year began. Nevertheless, the stocks have risen 17.75% over the past one year. While a 52-week high of $75.49 was reached on 01/27/25, a 52-week low of $52.72 was recorded on 01/10/25. SMA at 50 days reached $64.91, while 200 days put it at $63.78.
Levels Of Support And Resistance For TMHC Stock
The 24-hour chart illustrates a support level at 61.72, which if violated will result in even more drops to 61.23. On the upside, there is a resistance level at 62.61. A further resistance level may holdings at 63.01. The Relative Strength Index (RSI) on the 14-day chart is 43.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.98%. Stochastics %K at 18.57% indicates the stock is a buying.
How much short interest is there in Taylor Morrison Home Corp?
A steep rise in short interest was recorded in Taylor Morrison Home Corp stocks on 2025-01-15, growing by 37662.0 shares to a total of 2.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.15 million shares. There was a rise of 1.72%, which implies that there is a positive sentiment for the stock.
