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. Toro Co shares valued at $24,444 were purchased by Funk Edric C on Dec 20 ’24. At $81.48 per share, Funk Edric C acquired 300 shares. The insider’s holdings grew to 280 shares worth approximately $22542.800000000003 following the completion of this transaction.
Also, Olson Richard M sold 20,000 shares, netting a total of over 1,903,800 in proceeds. Following the sale of shares at $95.19 each, the insider now holds 17,913 shares.
Before that, Funk Edric C had sold 615 shares from its account. In a trade valued at $55,078, the Group VP, Golf, Grounds & Irr traded Toro Co shares for $89.57 each. Upon closing the transaction, the insider’s holdings decreased to 615 shares, worth approximately $0.0.
As published in a research note from Northland Capital on February 24, 2025, Toro Co [TTC] has been rated up from a Market perform to an Outperform and the price target has been revised to $100. Analysts at DA Davidson downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of June 22, 2023, DA Davidson has initiated its “Buy” rating for TTC. Earlier on May 19, 2023, CL King initiated its rating. Their recommendation was “a Buy” for TTC stock.
Analyzing TTC Stock Performance
During the last five days, there has been a drop of approximately -2.80%. Over the course of the year, Toro Co shares have jumped approximately 0.51%. Shares of the company reached a 52-week high of $87.46 on 01/28/25 and a 52-week low of $76.95 on 01/13/25. A 50-day SMA is recorded $82.01, while a 200-day SMA reached $86.34. Nevertheless, trading volume fell to 0.83 million shares from 0.88 million shares the previous day.
Support And Resistance Levels for Toro Co (TTC)
According to the 24-hour chart, there is a support level at 80.01, which, if violated, would cause prices to drop to 79.50. In the upper region, resistance lies at 81.32. The next price resistance is at 82.12. RSI (Relative Strength Index) is 45.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.07, which suggests the price will decrease in the coming days. Percent R is at 49.13%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
