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D.R. Horton Inc (DHI) gets rating Downgrade from BofA Securities

D.R. Horton Inc’s recently made public that its Director Allen Barbara K acquired Company’s shares for reported $0.62 million on Jan 22 ’25. In the deal valued at $145.31 per share,4,296 shares were bought.

Then, Allen Barbara K sold 5,650 shares, generating $921,515 in total proceeds. Upon selling the shares at $163.10, the Director now owns 0 shares.

Before that, Allen Barbara K bought 5,650 shares. D.R. Horton Inc shares valued at $916,430 were divested by the Director at a price of $162.20 per share.

BofA Securities downgraded its D.R. Horton Inc [DHI] rating to a Neutral from a a Buy in a research note published on January 27, 2025; the price target was decreased to $150 from $160. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid December from “a Neutral” to “an Underweight”. Barclays also remained covering DHI and has decreased its forecast on December 11, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Keefe Bruyette revised its rating on December 10, 2024. It rated DHI as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of DHI

On Tuesday, D.R. Horton Inc [NYSE:DHI] saw its stock jump 4.50% to $132.11. Over the last five days, the stock has gained 1.77%. D.R. Horton Inc shares have fallen nearly -5.51% since the year began. Nevertheless, the stocks have fallen -8.97% over the past one year. While a 52-week high of $199.85 was reached on 01/21/25, a 52-week low of $124.23 was recorded on 02/19/25. SMA at 50 days reached $139.23, while 200 days put it at $160.55.

Levels Of Support And Resistance For DHI Stock

The 24-hour chart illustrates a support level at 128.59, which if violated will result in even more drops to 125.07. On the upside, there is a resistance level at 134.06. A further resistance level may holdings at 136.01. The Relative Strength Index (RSI) on the 14-day chart is 45.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.27%. Stochastics %K at 21.37% indicates the stock is a holding.

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