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 $222,091 were purchased by Rubin Matthew L. on Feb 20 ’25. At $57.69 per share, Rubin Matthew L. acquired 3,850 shares.
Also, Barton Kurt D sold 12,146 shares, netting a total of over 680,176 in proceeds. Following the sale of shares at $56.00 each, the insider now holds 47,715 shares.
Before that, Yankee Colin had sold 24,602 shares from its account. In a trade valued at $1,332,198, the EVP Chief Supply Chain Officer traded Tractor Supply Co shares for $54.15 each. Upon closing the transaction, the insider’s holdings decreased to 24,602 shares, worth approximately $1.94 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 surge of approximately 3.35%. Over the course of the year, Tractor Supply Co shares have jumped approximately 8.82%. 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 $55.12, while a 200-day SMA reached $55.16. Nevertheless, trading volume fell to 2.64 million shares from 4.11 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 57.32, which, if violated, would cause prices to drop to 56.89. In the upper region, resistance lies at 58.08. The next price resistance is at 58.41. RSI (Relative Strength Index) is 63.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.39, which suggests the price will increase in the coming days. Percent R is at 5.76%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
