Tri Pointe Homes Inc’s recently made public 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 $22.97 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 $2.78 million.
Seaport Research Partners upgraded its Tri Pointe Homes Inc [TPH] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Sector perform”. Seaport Research Partners began covering TPH with “Neutral” recommendation on August 28, 2024. RBC Capital Mkts revised its rating on March 13, 2024. It rated TPH as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of TPH
On Monday, Tri Pointe Homes Inc [NYSE:TPH] saw its stock fall -0.89% to $32.44. Over the last five days, the stock has gained 4.78%. Tri Pointe Homes Inc shares have fallen nearly -10.54% since the year began. Nevertheless, the stocks have fallen -5.89% 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 $35.04, while 200 days put it at $39.96.
Levels Of Support And Resistance For TPH Stock
The 24-hour chart illustrates a support level at 32.03, which if violated will result in even more drops to 31.62. On the upside, there is a resistance level at 33.17. A further resistance level may holdings at 33.89. The Relative Strength Index (RSI) on the 14-day chart is 44.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.20%. Stochastics %K at 52.35% indicates the stock is a holding.
