Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. TJX Companies, Inc shares valued at $999,120 were purchased by BENNETT ALAN M on Feb 27 ’25. At $124.89 per share, BENNETT ALAN M acquired 8,000 shares.
Also, Herrman Ernie sold 7,533 shares, netting a total of over 950,551 in proceeds. Following the sale of shares at $126.18 each, the insider now holds 509,466 shares.
Before that, Herrman Ernie had added 7,533 shares to its account. In a trade valued at $945,392, the Officer bought TJX Companies, Inc shares for $125.50 each.
As published in a research note from Telsey Advisory Group on August 22, 2024, TJX Companies, Inc [TJX] has been retained to an Outperform and the price target has been revised to $134. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late August. As of August 14, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for TJX. Earlier on May 02, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for TJX stock which previously was a “a Neutral”.
Analyzing TJX Stock Performance
During the last five days, there has been a surge of approximately 0.41%. Over the course of the year, TJX Companies, Inc shares have jumped approximately 2.22%. Shares of the company reached a 52-week high of $127.58 on 02/26/25 and a 52-week low of $117.89 on 01/13/25. A 50-day SMA is recorded $122.95, while a 200-day SMA reached $116.11.
Support And Resistance Levels for TJX Companies, Inc (TJX)
According to the 24-hour chart, there is a support level at 122.27, which, if violated, would cause prices to drop to 121.05. In the upper region, resistance lies at 125.58. The next price resistance is at 127.68. RSI (Relative Strength Index) is 49.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.08, which suggests the price will decrease in the coming days. Percent R is at 59.19%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
