Trimas Corporation’s filing revealed that its Director SEDAGHAT SHAWN acquired Company’s shares for reported $13.34 million on Mar 10 ’25. In the deal valued at $24.07 per share,554,149 shares were bought. As a result of this transaction, SEDAGHAT SHAWN now holds 900,974 shares worth roughly $21.85 million.
Then, SEDAGHAT SHAWN bought 249,597 shares, generating $5,948,529 in total proceeds. Upon buying the shares at $23.83, the Director now owns 346,825 shares.
Before that, Tredwell Daniel P bought 96 shares. Trimas Corporation shares valued at $2,178 were divested by the Director at a price of $22.78 per share. As a result of the transaction, Tredwell Daniel P now holds 56,108 shares, worth roughly $1.36 million.
BWS Financial initiated its Trimas Corporation [TRS] rating to a Buy in a research note published on May 22, 2023; the price target was $40. A number of analysts have revised their coverage, including William Blair’s analysts, who decreased its forecast for the stock in late October from “an Outperform” to “a Mkt perform”. William Blair also remained covering TRS and has increased its forecast on April 02, 2020 with a “an Outperform” recommendation from previously “Mkt perform” rating. Seaport Global Securities revised its rating on September 15, 2017. It rated TRS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TRS
On Friday, Trimas Corporation [NASDAQ:TRS] saw its stock fall -3.00% to $24.25. Over the last five days, the stock has gained 0.41%. Trimas Corporation shares have fallen nearly -1.38% since the year began. Nevertheless, the stocks have fallen -4.41% over the past one year. While a 52-week high of $28.51 was reached on 01/27/25, a 52-week low of $19.33 was recorded on 02/27/25. SMA at 50 days reached $23.72, while 200 days put it at $25.15.
Levels Of Support And Resistance For TRS Stock
The 24-hour chart illustrates a support level at 23.93, which if violated will result in even more drops to 23.62. On the upside, there is a resistance level at 24.81. A further resistance level may holdings at 25.38. The Relative Strength Index (RSI) on the 14-day chart is 53.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.79%. Stochastics %K at 86.85% indicates the stock is a selling.
How much short interest is there in Trimas Corporation?
A steep rise in short interest was recorded in Trimas Corporation stocks on 2025-02-28, growing by 0.1 million shares to a total of 2.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.43 million shares. There was a rise of 4.05%, which implies that there is a positive sentiment for the stock.
