Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Titan Machinery Inc shares valued at $10,002 were purchased by Larsen Robert on Apr 03 ’25. At $15.20 per share, Larsen Robert acquired 658 shares. The insider’s holdings grew to 37,330 shares worth approximately $0.59 million following the completion of this transaction.
Also, Meyer David Joseph purchased 22,524 shares, netting a total of over 379,079 in proceeds. Following the buying of shares at $16.83 each, the insider now holds 135,388 shares.
Before that, Meyer David Joseph had added 3,000 shares to its account. In a trade valued at $50,580, the Chairman bought Titan Machinery Inc shares for $16.86 each. Upon closing the transaction, the insider’s holdings increased to 3,000 shares, worth approximately $2.19 million.
Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in late January. As of August 20, 2024, Northland Capital has decreased its “an Outperform” rating to a “Market perform” for TITN. Earlier on August 15, 2024, Lake Street downgraded its rating. Their new recommendation was “a Hold” for TITN stock which previously was a “a Buy”.
Analyzing TITN Stock Performance
During the last five days, there has been a drop of approximately -7.06%. Over the course of the year, Titan Machinery Inc shares have jumped approximately 11.75%. Shares of the company reached a 52-week high of $19.81 on 02/19/25 and a 52-week low of $12.50 on 03/20/25. A 50-day SMA is recorded $16.87, while a 200-day SMA reached $15.33.
Support And Resistance Levels for Titan Machinery Inc (TITN)
According to the 24-hour chart, there is a support level at 14.30, which, if violated, would cause prices to drop to 12.82. In the upper region, resistance lies at 16.93. The next price resistance is at 18.08. RSI (Relative Strength Index) is 48.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.68, which suggests the price will decrease in the coming days. Percent R is at 57.66%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
