Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Trinity Industries, Inc shares valued at $288,052 were sold by Mitchell Gregory B on Mar 03 ’25. At $31.02 per share, Mitchell Gregory B sold 9,286 shares. The insider’s holdings dropped to 111,879 shares worth approximately $3.3 million following the completion of this transaction.
Also, GREGORY B MITCHELL purchased 9,286 shares, netting a total of over 288,057 in proceeds.
Before that, Mitchell Gregory B had sold 20,510 shares from its account. In a trade valued at $761,946, the EVP Leasing and Services traded Trinity Industries, Inc shares for $37.15 each. Upon closing the transaction, the insider’s holdings decreased to 20,510 shares, worth approximately $3.57 million.
As published in their initiating research note from Goldman on November 18, 2024, Trinity Industries, Inc [TRN] has been a Neutral and the price target has been revised to $39. Analysts at Susquehanna downgraded the stock from ‘”a Positive”‘ to ‘”a Neutral”‘ outlook in a report released in late October. As of May 02, 2024, TD Cowen has reiterated its “Buy” rating for TRN. Earlier on October 16, 2023, Susquehanna upgraded its rating. Their new recommendation was “a Positive” for TRN stock which previously was a “a Neutral”.
Analyzing TRN Stock Performance
During the last five days, there has been a surge of approximately 1.65%. Over the course of the year, Trinity Industries, Inc shares have dropped approximately -15.98%. Shares of the company reached a 52-week high of $39.83 on 01/23/25 and a 52-week low of $28.65 on 03/14/25. A 50-day SMA is recorded $34.14, while a 200-day SMA reached $33.72.
Support And Resistance Levels for Trinity Industries, Inc (TRN)
According to the 24-hour chart, there is a support level at 29.17, which, if violated, would cause prices to drop to 28.85. In the upper region, resistance lies at 29.77. The next price resistance is at 30.04. RSI (Relative Strength Index) is 34.00 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.19, which suggests the price will decrease in the coming days. Percent R is at 69.51%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
