In a filing, TrueBlue Inc revealed its EVP and CFO Schweihs Carl acquired Company’s shares for reported $13125.0 on Mar 12 ’25. In the deal valued at $5.25 per share,2,500 shares were bought. As a result of this transaction, Schweihs Carl now holds 169,051 shares worth roughly $0.97 million.
Then, Owen Taryn R bought 12,735 shares, generating $75,646 in total proceeds. Upon buying the shares at $5.94, the CEO and President now owns 414,932 shares.
Before that, Schweihs Carl bought 10,000 shares. TrueBlue Inc shares valued at $62,500 were divested by the EVP and CFO at a price of $6.25 per share. As a result of the transaction, Schweihs Carl now holds 166,551 shares, worth roughly $0.95 million.
BMO Capital Markets upgraded its TrueBlue Inc [TBI] rating to an Outperform from a a Market perform in a research note published on May 22, 2023; the price target was increased to $20 from $18. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in late May from “an Outperform” to “a Market perform”. Robert W. Baird revised its rating on April 27, 2021. It rated TBI as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of TBI
On Friday, TrueBlue Inc [NYSE:TBI] saw its stock fall -1.55% to $5.71. Over the last five days, the stock has lost -2.06%. TrueBlue Inc shares have fallen nearly -32.02% since the year began. Nevertheless, the stocks have fallen -50.39% over the past one year. While a 52-week high of $12.65 was reached on 01/02/25, a 52-week low of $5.19 was recorded on 03/12/25. SMA at 50 days reached $6.88, while 200 days put it at $8.17.
Levels Of Support And Resistance For TBI Stock
The 24-hour chart illustrates a support level at 5.56, which if violated will result in even more drops to 5.41. On the upside, there is a resistance level at 5.82. A further resistance level may holdings at 5.93. The Relative Strength Index (RSI) on the 14-day chart is 41.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.11%. Stochastics %K at 52.05% indicates the stock is a holding.
How much short interest is there in TrueBlue Inc?
A steep rise in short interest was recorded in TrueBlue Inc stocks on 2025-02-28, dropping by 7617.0 shares to a total of 0.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.87 million shares. There was a decline of -0.88%, which implies that there is a negative sentiment for the stock.
