In a filing, Home Depot, Inc revealed its Director BRENNEMAN GREGORY D acquired Company’s shares for reported $1.0 million on Mar 14 ’25. In the deal valued at $346.66 per share,2,884 shares were bought. As a result of this transaction, BRENNEMAN GREGORY D now holds 1,442 shares worth roughly $0.51 million.
Then, Bastek William D sold 2,969 shares, generating $1,236,915 in total proceeds. Upon selling the shares at $416.61, the EVP, Merchandising now owns 21,514 shares.
Before that, Bastek William D bought 2,969 shares. Home Depot, Inc shares valued at $1,236,910 were divested by the Officer at a price of $416.61 per share.
Gordon Haskett downgraded its Home Depot, Inc [HD] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in late February from “a Reduce” to “a Hold”. Telsey Advisory Group also remained covering HD and has increased its forecast on November 08, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Bernstein started covering the stock on October 22, 2024. It rated HD as “a Mkt perform”.
Price Performance Review of HD
On Friday, Home Depot, Inc [NYSE:HD] saw its stock fall -0.56% to $353.90. Over the last five days, the stock has lost -1.19%. Home Depot, Inc shares have fallen nearly -9.02% since the year began. Nevertheless, the stocks have fallen -1.67% over the past one year. While a 52-week high of $439.37 was reached on 01/27/25, a 52-week low of $323.77 was recorded on 03/13/25. SMA at 50 days reached $385.03, while 200 days put it at $385.50.
Levels Of Support And Resistance For HD Stock
The 24-hour chart illustrates a support level at 346.81, which if violated will result in even more drops to 339.73. On the upside, there is a resistance level at 363.21. A further resistance level may holdings at 372.53. The Relative Strength Index (RSI) on the 14-day chart is 39.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.71%. Stochastics %K at 53.67% indicates the stock is a holding.
How much short interest is there in Home Depot, Inc?
A steep rise in short interest was recorded in Home Depot, Inc stocks on 2025-03-14, dropping by -1.25 million shares to a total of 9.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 10.78 million shares. There was a decline of -13.12%, which implies that there is a negative sentiment for the stock.
