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Taking a Closer Look At Green Brick Partners Inc (GRBK) Following Its Recent Trade

Green Brick Partners Inc’s recent filing unveils that its Board Member RICHARD S PRESS acquired Company’s shares for reported $1.22 million on Nov 26 ’24. In the deal valued at $73.79 per share,16,500 shares were bought.

Then, Press Richard S sold 3,500 shares, generating $241,640 in total proceeds. Upon selling the shares at $69.04, the Director now owns 84,543 shares.

Before that, RICHARD S PRESS bought 3,500 shares. Green Brick Partners Inc shares valued at $241,640 were divested by the Board Member at a price of $69.04 per share.

B. Riley Securities downgraded its Green Brick Partners Inc [GRBK] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “a Buy”. JP Morgan also remained covering GRBK and has increased its forecast on November 22, 2022 with a “Neutral” recommendation from previously “an Underweight” rating. JMP Securities revised its rating on August 19, 2022. It rated GRBK as “a Mkt perform” which previously was an “a Mkt outperform”.

Price Performance Review of GRBK

On Tuesday, Green Brick Partners Inc [NYSE:GRBK] saw its stock jump 1.06% to $59.23. Over the last five days, the stock has lost -1.04%. Green Brick Partners Inc shares have risen nearly 4.85% since the year began. Nevertheless, the stocks have risen 1.25% over the past one year. While a 52-week high of $84.66 was reached on 02/27/25, a 52-week low of $51.04 was recorded on 01/08/25. SMA at 50 days reached $58.70, while 200 days put it at $66.59.

Levels Of Support And Resistance For GRBK Stock

The 24-hour chart illustrates a support level at 57.94, which if violated will result in even more drops to 56.65. On the upside, there is a resistance level at 60.38. A further resistance level may holdings at 61.52. The Relative Strength Index (RSI) on the 14-day chart is 49.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.51%. Stochastics %K at 31.03% indicates the stock is a holding.

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