MI Homes Inc’s filing revealed that its Ex. Vice President and CFO CREEK PHILLIP G unloaded Company’s shares for reported $0.25 million on Feb 20 ’25. In the deal valued at $116.00 per share,2,152 shares were sold. As a result of this transaction, CREEK PHILLIP G now holds 27,071 shares worth roughly $3.09 million.
Then, CREEK PHILLIP G sold 1,859 shares, generating $213,441 in total proceeds. Upon selling the shares at $114.81, the Ex. Vice President and CFO now owns 29,223 shares.
Before that, SCHOTTENSTEIN ROBERT H sold 3,716 shares. MI Homes Inc shares valued at $426,653 were divested by the Chairman, CEO & President at a price of $114.81 per share. As a result of the transaction, SCHOTTENSTEIN ROBERT H now holds 350,374 shares, worth roughly $40.04 million.
Seaport Research Partners upgraded its MI Homes Inc [MHO] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “an Outperform”. Seaport Research Partners began covering MHO with “Neutral” recommendation on August 28, 2024. Raymond James started covering the stock on July 24, 2024. It rated MHO as “a Strong buy”.
Price Performance Review of MHO
On Friday, MI Homes Inc [NYSE:MHO] saw its stock jump 4.76% to $114.29. Over the last five days, the stock has gained 0.73%. MI Homes Inc shares have fallen nearly -14.04% since the year began. Nevertheless, the stocks have fallen -9.13% over the past one year. While a 52-week high of $176.18 was reached on 01/21/25, a 52-week low of $106.57 was recorded on 04/04/25. SMA at 50 days reached $119.24, while 200 days put it at $142.81.
Levels Of Support And Resistance For MHO Stock
The 24-hour chart illustrates a support level at 107.38, which if violated will result in even more drops to 100.47. On the upside, there is a resistance level at 118.82. A further resistance level may holdings at 123.35. The Relative Strength Index (RSI) on the 14-day chart is 45.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.41%. Stochastics %K at 43.11% indicates the stock is a holding.
How much short interest is there in MI Homes Inc?
A steep rise in short interest was recorded in MI Homes Inc stocks on 2025-03-14, dropping by -0.12 million shares to a total of 0.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.86 million shares. There was a decline of -16.22%, which implies that there is a negative sentiment for the stock.
