Tri Pointe Homes Inc’s filing revealed that its President and COO MITCHELL THOMAS J. unloaded Company’s shares for reported $3.03 million on Dec 16 ’24. In the deal valued at $39.15 per share,77,384 shares were sold. As a result of this transaction, MITCHELL THOMAS J. now holds 708,159 shares worth roughly $21.92 million.
Then, Thomas Mitchell bought 92,516 shares, generating $3,754,299 in total proceeds.
Before that, LEE DAVID CH sold 5,000 shares. Tri Pointe Homes Inc shares valued at $221,400 were divested by the General Counsel & Secretary at a price of $44.28 per share. As a result of the transaction, LEE DAVID CH now holds 85,792 shares, worth roughly $2.66 million.
RBC Capital Mkts downgraded its Tri Pointe Homes Inc [TPH] rating to a Sector perform from a an Outperform in a research note published on February 19, 2025; the price target was decreased to $37 from $41. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in late August with a ‘”a Neutral”‘ rating. RBC Capital Mkts also remained covering TPH and has increased its forecast on March 13, 2024 with a “an Outperform” recommendation from previously “Sector perform” rating. Wedbush revised its rating on December 18, 2023. It rated TPH as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of TPH
On Monday, Tri Pointe Homes Inc [NYSE:TPH] saw its stock fall -2.21% to $30.96. Over the last five days, the stock has lost -1.56%. Tri Pointe Homes Inc shares have fallen nearly -14.62% since the year began. Nevertheless, the stocks have fallen -10.23% over the past one year. While a 52-week high of $47.78 was reached on 01/27/25, a 52-week low of $30.25 was recorded on 02/20/25. SMA at 50 days reached $35.53, while 200 days put it at $40.16.
Levels Of Support And Resistance For TPH Stock
The 24-hour chart illustrates a support level at 30.51, which if violated will result in even more drops to 30.07. On the upside, there is a resistance level at 31.69. A further resistance level may holdings at 32.43. The Relative Strength Index (RSI) on the 14-day chart is 34.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.36%. Stochastics %K at 15.39% indicates the stock is a buying.
