Home Depot, Inc’s recently made public that its EVP, Merchandising Bastek William D unloaded Company’s shares for reported $1.24 million on Nov 22 ’24. In the deal valued at $416.61 per share,2,969 shares were sold. As a result of this transaction, Bastek William D now holds 21,514 shares worth roughly $7.56 million.
Then, Bastek William D bought 2,969 shares, generating $1,236,910 in total proceeds.
Before that, Campbell Ann Marie sold 100 shares. Home Depot, Inc shares valued at $40,258 were divested by the Senior EVP at a price of $402.58 per share. As a result of the transaction, Campbell Ann Marie now holds 12,465 shares, worth roughly $4.38 million.
HSBC Securities upgraded its Home Depot, Inc [HD] rating to a Hold from a a Reduce in a research note published on February 26, 2025; the price target was increased to $410 from $356. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who increased its forecast for the stock in early November from “a Market perform” to “an Outperform”. Bernstein began covering HD with “Mkt perform” recommendation on October 22, 2024. Loop Capital revised its rating on October 09, 2024. It rated HD as “a Buy” which previously was an “a Hold”.
Price Performance Review of HD
On Friday, Home Depot, Inc [NYSE:HD] saw its stock jump 1.17% to $351.31. Over the last five days, the stock has lost -6.76%. Home Depot, Inc shares have fallen nearly -9.69% since the year began. Nevertheless, the stocks have fallen -6.20% over the past one year. While a 52-week high of $439.37 was reached on 01/27/25, a 52-week low of $323.77 was recorded on 03/13/25. SMA at 50 days reached $396.68, while 200 days put it at $383.67.
Levels Of Support And Resistance For HD Stock
The 24-hour chart illustrates a support level at 347.36, which if violated will result in even more drops to 343.40. On the upside, there is a resistance level at 353.33. A further resistance level may holdings at 355.34. The Relative Strength Index (RSI) on the 14-day chart is 27.23, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -23.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.15%. Stochastics %K at 7.34% indicates the stock is a buying.
How much short interest is there in Home Depot, Inc?
A steep rise in short interest was recorded in Home Depot, Inc stocks on 2025-02-28, dropping by -0.62 million shares to a total of 10.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.72 million shares. There was a decline of -6.15%, which implies that there is a negative sentiment for the stock.
