Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. TJX Companies, Inc shares valued at $2,097,723 were sold by Herrman Ernie on Mar 20 ’25. At $116.54 per share, Herrman Ernie sold 18,000 shares. The insider’s holdings dropped to 466,189 shares worth approximately $56.21 million following the completion of this transaction.
Also, Herrman Ernie purchased 18,000 shares, netting a total of over 2,121,480 in proceeds.
Before that, Herrman Ernie had sold 23,428 shares from its account. In a trade valued at $2,882,464, the CEO & President traded TJX Companies, Inc shares for $123.03 each. Upon closing the transaction, the insider’s holdings decreased to 23,428 shares, worth approximately $58.38 million.
As published in a research note from Telsey Advisory Group on August 22, 2024, TJX Companies, Inc [TJX] has been retained to an Outperform and the price target has been revised to $134. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late August. As of August 14, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for TJX. Earlier on May 02, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for TJX stock which previously was a “a Neutral”.
Analyzing TJX Stock Performance
During the last five days, there has been a surge of approximately 3.72%. Over the course of the year, TJX Companies, Inc shares have dropped approximately -0.20%. Shares of the company reached a 52-week high of $127.58 on 02/26/25 and a 52-week low of $112.10 on 03/13/25. A 50-day SMA is recorded $121.59, while a 200-day SMA reached $117.77.
Support And Resistance Levels for TJX Companies, Inc (TJX)
According to the 24-hour chart, there is a support level at 119.53, which, if violated, would cause prices to drop to 118.48. In the upper region, resistance lies at 121.48. The next price resistance is at 122.38. RSI (Relative Strength Index) is 53.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.27, which suggests the price will increase in the coming days. Percent R is at 8.33%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
