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DHI stock rated a Buy by Seaport Research Partners

In a filing, D.R. Horton Inc revealed its Director Allen Barbara K acquired Company’s shares for reported $0.62 million on Jan 22 ’25. In the deal valued at $145.31 per share,4,296 shares were bought.

Then, Allen Barbara K sold 5,650 shares, generating $921,515 in total proceeds. Upon selling the shares at $163.10, the Director now owns 0 shares.

Before that, Allen Barbara K bought 5,650 shares. D.R. Horton Inc shares valued at $916,430 were divested by the Director at a price of $162.20 per share.

Seaport Research Partners upgraded its D.R. Horton Inc [DHI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. JP Morgan also remained covering DHI and has decreased its forecast on December 13, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. Barclays revised its rating on December 11, 2024. It rated DHI as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of DHI

On Tuesday, D.R. Horton Inc [NYSE:DHI] saw its stock fall -1.06% to $132.53. Over the last five days, the stock has gained 5.25%. D.R. Horton Inc shares have fallen nearly -5.21% since the year began. Nevertheless, the stocks have fallen -14.66% over the past one year. While a 52-week high of $199.85 was reached on 01/21/25, a 52-week low of $124.23 was recorded on 02/19/25. SMA at 50 days reached $136.19, while 200 days put it at $159.53.

Levels Of Support And Resistance For DHI Stock

The 24-hour chart illustrates a support level at 131.11, which if violated will result in even more drops to 129.68. On the upside, there is a resistance level at 134.40. A further resistance level may holdings at 136.26. The Relative Strength Index (RSI) on the 14-day chart is 50.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.82%. Stochastics %K at 71.24% indicates the stock is a holding.

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