The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. D.R. Horton Inc shares valued at $624,232 were purchased by Allen Barbara K on Jan 22 ’25. At $145.31 per share, Allen Barbara K acquired 4,296 shares.
Also, Allen Barbara K sold 5,650 shares, netting a total of over 921,515 in proceeds. Following the sale of shares at $163.10 each, the insider now holds 0 shares.
Before that, Allen Barbara K had added 5,650 shares to its account. In a trade valued at $916,430, the Director bought D.R. Horton Inc shares for $162.20 each.
As published in a research note from BofA Securities on January 27, 2025, D.R. Horton Inc [DHI] has been rated down from a Buy to a Neutral and the price target has been revised to $150 from $160. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of December 11, 2024, Barclays has decreased its “an Overweight” rating to a “an Equal weight” for DHI. Earlier on December 10, 2024, Keefe Bruyette downgraded its rating. Their new recommendation was “a Mkt perform” for DHI stock which previously was a “an Outperform”.
Analyzing DHI Stock Performance
During the last five days, there has been a drop of approximately -2.89%. Over the course of the year, D.R. Horton Inc shares have dropped approximately -9.29%. Shares of the company reached a 52-week high of $154.22 on 01/21/25 and a 52-week low of $124.23 on 02/19/25. A 50-day SMA is recorded $141.69, while a 200-day SMA reached $160.97. Nevertheless, trading volume fell to 3.88 million shares from 2.29 million shares the previous day.
Support And Resistance Levels for D.R. Horton Inc (DHI)
According to the 24-hour chart, there is a support level at 124.73, which, if violated, would cause prices to drop to 122.62. In the upper region, resistance lies at 128.44. The next price resistance is at 130.04. RSI (Relative Strength Index) is 33.71 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.80, which suggests the price will decrease in the coming days. Percent R is at 88.77%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
