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Investing in Texas Roadhouse Inc (TXRH) Is Getting More Attractive

Texas Roadhouse Inc’s recent filing unveils that its PRESIDENT Tobin Regina A. unloaded Company’s shares for reported $0.59 million on Mar 05 ’25. In the deal valued at $185.64 per share,3,154 shares were sold. As a result of this transaction, Tobin Regina A. now holds 18,414 shares worth roughly $3.24 million.

Then, Warfield Curtis sold 3,281 shares, generating $602,621 in total proceeds. Upon selling the shares at $183.67, the Director now owns 6,801 shares.

Before that, Jones Wayne L. sold 500 shares. Texas Roadhouse Inc shares valued at $92,500 were divested by the Director at a price of $185.00 per share. As a result of the transaction, Jones Wayne L. now holds 1,900 shares, worth roughly $0.33 million.

Morgan Stanley upgraded its Texas Roadhouse Inc [TXRH] rating to an Overweight from a an Equal-weight in a research note published on January 21, 2025; the price target was increased to $213 from $205. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Goldman began covering TXRH with “Neutral” recommendation on December 05, 2024.

Price Performance Review of TXRH

On Monday, Texas Roadhouse Inc [NASDAQ:TXRH] saw its stock jump 3.53% to $175.87. Over the last five days, the stock has gained 2.28%. Texas Roadhouse Inc shares have fallen nearly -2.53% since the year began. Nevertheless, the stocks have risen 13.84% over the past one year. While a 52-week high of $206.04 was reached on 03/05/25, a 52-week low of $146.75 was recorded on 03/19/25. SMA at 50 days reached $176.86, while 200 days put it at $177.47.

Levels Of Support And Resistance For TXRH Stock

The 24-hour chart illustrates a support level at 173.61, which if violated will result in even more drops to 171.36. On the upside, there is a resistance level at 177.23. A further resistance level may holdings at 178.59. The Relative Strength Index (RSI) on the 14-day chart is 51.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.08%. Stochastics %K at 28.02% indicates the stock is a holding.

How much short interest is there in Texas Roadhouse Inc?

A steep rise in short interest was recorded in Texas Roadhouse Inc stocks on 2025-02-28, growing by 1.21 million shares to a total of 3.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.11 million shares. There was a rise of 36.38%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 10, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Hold”‘ rating .

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