The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Tri Pointe Homes Inc shares valued at $3,029,584 were sold by MITCHELL THOMAS J. on Dec 16 ’24. At $39.15 per share, MITCHELL THOMAS J. sold 77,384 shares. The insider’s holdings dropped to 708,159 shares worth approximately $23.26 million following the completion of this transaction.
Also, Thomas Mitchell purchased 92,516 shares, netting a total of over 3,754,299 in proceeds.
Before that, LEE DAVID CH had sold 5,000 shares from its account. In a trade valued at $221,400, the General Counsel & Secretary traded Tri Pointe Homes Inc shares for $44.28 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $2.82 million.
As published in a research note from Seaport Research Partners on March 06, 2025, Tri Pointe Homes Inc [TPH] has been rated up from a Neutral to a Buy and the price target has been revised to $41. Analysts at RBC Capital Mkts downgraded the stock from ‘”an Outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in mid February. As of August 28, 2024, Seaport Research Partners has initiated its “Neutral” rating for TPH. Earlier on March 13, 2024, RBC Capital Mkts upgraded its rating. Their new recommendation was “an Outperform” for TPH stock which previously was a “a Sector perform”.
Analyzing TPH Stock Performance
During the last five days, there has been a surge of approximately 5.22%. Over the course of the year, Tri Pointe Homes Inc shares have dropped approximately -9.43%. Shares of the company reached a 52-week high of $38.96 on 01/27/25 and a 52-week low of $30.25 on 02/20/25. A 50-day SMA is recorded $35.22, while a 200-day SMA reached $40.04.
Support And Resistance Levels for Tri Pointe Homes Inc (TPH)
According to the 24-hour chart, there is a support level at 32.36, which, if violated, would cause prices to drop to 31.87. In the upper region, resistance lies at 33.25. The next price resistance is at 33.66. RSI (Relative Strength Index) is 46.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.03, which suggests the price will decrease in the coming days. Percent R is at 61.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
