Titan Machinery Inc’s recent filing unveils that its Chairman Meyer David Joseph acquired Company’s shares for reported $0.38 million on Mar 21 ’25. In the deal valued at $16.83 per share,22,524 shares were bought. As a result of this transaction, Meyer David Joseph now holds 135,388 shares worth roughly $2.43 million.
Then, Meyer David Joseph bought 3,000 shares, generating $50,580 in total proceeds. Upon buying the shares at $16.86, the Chairman now owns 138,388 shares.
Before that, Larsen Robert bought 275 shares. Titan Machinery Inc shares valued at $4,947 were divested by the Chief Financial Officer at a price of $17.99 per share. As a result of the transaction, Larsen Robert now holds 16,407 shares, worth roughly $0.29 million.
Robert W. Baird upgraded its Titan Machinery Inc [TITN] rating to an Outperform from a a Neutral in a research note published on January 27, 2025; the price target was increased to $25 from $14. A number of analysts have revised their coverage, including Northland Capital’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “a Market perform”. Lake Street also remained covering TITN and has decreased its forecast on August 15, 2024 with a “Hold” recommendation from previously “Buy” rating. B. Riley Securities revised its rating on June 05, 2024. It rated TITN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TITN
On Tuesday, Titan Machinery Inc [NASDAQ:TITN] saw its stock jump 1.18% to $17.98. Over the last five days, the stock has gained 29.73%. Titan Machinery Inc shares have risen nearly 27.25% since the year began. Nevertheless, the stocks have fallen -28.25% over the past one year. While a 52-week high of $24.89 was reached on 02/19/25, a 52-week low of $12.30 was recorded on 03/20/25. SMA at 50 days reached $16.75, while 200 days put it at $15.36.
Levels Of Support And Resistance For TITN Stock
The 24-hour chart illustrates a support level at 17.50, which if violated will result in even more drops to 17.03. On the upside, there is a resistance level at 18.68. A further resistance level may holdings at 19.39. The Relative Strength Index (RSI) on the 14-day chart is 62.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.58%. Stochastics %K at 92.04% indicates the stock is a selling.
How much short interest is there in Titan Machinery Inc?
A steep rise in short interest was recorded in Titan Machinery Inc stocks on 2025-03-14, dropping by -0.18 million shares to a total of 1.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.38 million shares. There was a decline of -15.12%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 25, 2023 when Lake Street began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
