KD Logo

PulteGroup Inc (PHM) rating upgrades by Seaport Research Partners

PulteGroup Inc’s recently made public that its Vice President & Controller O’Meara Brien P. unloaded Company’s shares for reported $0.37 million on Feb 13 ’25. In the deal valued at $106.40 per share,3,500 shares were sold. As a result of this transaction, O’Meara Brien P. now holds 11,372 shares worth roughly $1.18 million.

Then, Sheldon Todd N sold 15,191 shares, generating $1,617,842 in total proceeds. Upon selling the shares at $106.50, the EVP, Gen Counsel, Corp Sec’y now owns 74,758 shares.

Before that, O’Meara Brien P. bought 3,500 shares. PulteGroup Inc shares valued at $372,396 were divested by the Officer at a price of $106.40 per share.

Seaport Research Partners upgraded its PulteGroup Inc [PHM] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who decreased its forecast for the stock in late January from “a Neutral” to “a Sell”. UBS also remained covering PHM and has increased its forecast on January 08, 2025 with a “Buy” recommendation from previously “Neutral” rating. Wedbush revised its rating on January 03, 2025. It rated PHM as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of PHM

On Monday, PulteGroup Inc [NYSE:PHM] saw its stock jump 0.92% to $103.89. Over the last five days, the stock has lost -3.27%. PulteGroup Inc shares have fallen nearly -4.60% since the year began. Nevertheless, the stocks have fallen -9.09% over the past one year. While a 52-week high of $149.47 was reached on 01/30/25, a 52-week low of $100.54 was recorded on 02/24/25. SMA at 50 days reached $108.76, while 200 days put it at $121.85.

Levels Of Support And Resistance For PHM Stock

The 24-hour chart illustrates a support level at 103.03, which if violated will result in even more drops to 102.16. On the upside, there is a resistance level at 104.66. A further resistance level may holdings at 105.42. The Relative Strength Index (RSI) on the 14-day chart is 45.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.31%. Stochastics %K at 19.14% indicates the stock is a buying.

How much short interest is there in PulteGroup Inc?

A steep rise in short interest was recorded in PulteGroup Inc stocks on 2025-02-28, dropping by -0.88 million shares to a total of 4.71 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.59 million shares. There was a decline of -18.61%, which implies that there is a negative sentiment for the stock.

Most Popular