Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Taylor Morrison Home Corp shares valued at $153,686 were sold by MERRITT DAVID C on Feb 25 ’25. At $63.98 per share, MERRITT DAVID C sold 2,402 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, MERRITT DAVID C purchased 2,402 shares, netting a total of over 153,685 in proceeds.
Before that, LYON WILLIAM H had sold 24,284 shares from its account. In a trade valued at $1,808,086, the Director traded Taylor Morrison Home Corp shares for $74.46 each. Upon closing the transaction, the insider’s holdings decreased to 24,284 shares, worth approximately $125.68 million.
As published in a research note from Seaport Research Partners on January 27, 2025, Taylor Morrison Home Corp [TMHC] has been rated down from a Neutral to a Sell. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of December 11, 2024, Barclays has increased its “an Equal weight” rating to a “an Overweight” for TMHC. Earlier on October 25, 2024, Wedbush upgraded its rating. Their new recommendation was “an Outperform” for TMHC stock which previously was a “a Neutral”.
Analyzing TMHC Stock Performance
During the last five days, there has been a drop of approximately -1.36%. Over the course of the year, Taylor Morrison Home Corp shares have jumped approximately 0.39%. Shares of the company reached a 52-week high of $68.23 on 01/27/25 and a 52-week low of $58.85 on 01/10/25. A 50-day SMA is recorded $62.73, while a 200-day SMA reached $64.10.
Support And Resistance Levels for Taylor Morrison Home Corp (TMHC)
According to the 24-hour chart, there is a support level at 60.51, which, if violated, would cause prices to drop to 59.57. In the upper region, resistance lies at 62.11. The next price resistance is at 62.77. RSI (Relative Strength Index) is 45.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.24, which suggests the price will decrease in the coming days. Percent R is at 69.82%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
