Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Home Depot, Inc shares valued at $999,767 were purchased by BRENNEMAN GREGORY D on Mar 14 ’25. At $346.66 per share, BRENNEMAN GREGORY D acquired 2,884 shares. The insider’s holdings grew to 1,442 shares worth approximately $0.51 million following the completion of this transaction.
Also, Bastek William D sold 2,969 shares, netting a total of over 1,236,915 in proceeds. Following the sale of shares at $416.61 each, the insider now holds 21,514 shares.
Before that, Bastek William D had added 2,969 shares to its account. In a trade valued at $1,236,910, the Officer bought Home Depot, Inc shares for $416.61 each.
As published in a research note from HSBC Securities on February 26, 2025, Home Depot, Inc [HD] has been rated up from a Reduce to a Hold and the price target has been revised to $410 from $356. Analysts at Telsey Advisory Group upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in early November. As of October 22, 2024, Bernstein has initiated its “Mkt perform” rating for HD. Earlier on October 09, 2024, Loop Capital upgraded its rating. Their new recommendation was “a Buy” for HD stock which previously was a “a Hold”.
Analyzing HD Stock Performance
During the last five days, there has been a drop of approximately -3.10%. Over the course of the year, Home Depot, Inc shares have dropped approximately -9.14%. Shares of the company reached a 52-week high of $426.19 on 01/27/25 and a 52-week low of $345.26 on 03/13/25. A 50-day SMA is recorded $394.49, while a 200-day SMA reached $384.04.
Support And Resistance Levels for Home Depot, Inc (HD)
According to the 24-hour chart, there is a support level at 350.13, which, if violated, would cause prices to drop to 346.84. In the upper region, resistance lies at 355.57. The next price resistance is at 357.72. RSI (Relative Strength Index) is 31.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -17.35, which suggests the price will decrease in the coming days. Percent R is at 84.25%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
