Taylor Morrison Home Corp’s recently made public that its Director MERRITT DAVID C unloaded Company’s shares for reported $0.15 million on Feb 25 ’25. In the deal valued at $63.98 per share,2,402 shares were sold. As a result of this transaction, MERRITT DAVID C now holds 0 shares worth roughly $0.0.
Then, MERRITT DAVID C bought 2,402 shares, generating $153,685 in total proceeds.
Before that, LYON WILLIAM H sold 24,284 shares. Taylor Morrison Home Corp shares valued at $1,808,086 were divested by the Director at a price of $74.46 per share. As a result of the transaction, LYON WILLIAM H now holds 2,045,316 shares, worth roughly $126.07 million.
Seaport Research Partners downgraded its Taylor Morrison Home Corp [TMHC] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early January from “a Peer perform” to “an Outperform”. Barclays also remained covering TMHC and has increased its forecast on December 11, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Wedbush revised its rating on October 25, 2024. It rated TMHC as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of TMHC
On Friday, Taylor Morrison Home Corp [NYSE:TMHC] saw its stock jump 0.80% to $61.64. Over the last five days, the stock has gained 1.40%. Taylor Morrison Home Corp shares have risen nearly 0.70% since the year began. Nevertheless, the stocks have risen 10.57% over the past one year. While a 52-week high of $75.49 was reached on 01/27/25, a 52-week low of $53.17 was recorded on 01/10/25. SMA at 50 days reached $62.88, while 200 days put it at $64.09.
Levels Of Support And Resistance For TMHC Stock
The 24-hour chart illustrates a support level at 60.93, which if violated will result in even more drops to 60.22. On the upside, there is a resistance level at 62.15. A further resistance level may holdings at 62.65. The Relative Strength Index (RSI) on the 14-day chart is 45.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.04%. Stochastics %K at 23.92% indicates the stock is a holding.
