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. TJX Companies, Inc shares valued at $2,882,464 were sold by Herrman Ernie on Mar 05 ’25. At $123.03 per share, Herrman Ernie sold 23,428 shares. The insider’s holdings dropped to 484,189 shares worth approximately $54.62 million following the completion of this transaction.
Also, Herrman Ernie purchased 23,428 shares, netting a total of over 2,852,125 in proceeds.
Before that, BENNETT ALAN M had sold 8,000 shares from its account. In a trade valued at $988,254, the Director traded TJX Companies, Inc shares for $123.53 each. Upon closing the transaction, the insider’s holdings decreased to 8,000 shares, worth approximately $0.0.
As published in a research note from Telsey Advisory Group on August 22, 2024, TJX Companies, Inc [TJX] has been retained to an Outperform and the price target has been revised to $134. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late August. As of August 14, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for TJX. Earlier on May 02, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for TJX stock which previously was a “a Neutral”.
Analyzing TJX Stock Performance
During the last five days, there has been a drop of approximately -6.50%. Over the course of the year, TJX Companies, Inc shares have dropped approximately -6.62%. Shares of the company reached a 52-week high of $127.58 on 02/26/25 and a 52-week low of $112.10 on 03/13/25. A 50-day SMA is recorded $122.25, while a 200-day SMA reached $117.13.
Support And Resistance Levels for TJX Companies, Inc (TJX)
According to the 24-hour chart, there is a support level at 111.62, which, if violated, would cause prices to drop to 110.42. In the upper region, resistance lies at 114.49. The next price resistance is at 116.16. RSI (Relative Strength Index) is 25.91 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.77, which suggests the price will decrease in the coming days. Percent R is at 95.41%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
