Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Thermon Group Holdings Inc shares valued at $13,860 were purchased by Cerovski Thomas N on Feb 10 ’25. At $27.72 per share, Cerovski Thomas N acquired 500 shares. The insider’s holdings grew to 42,606 shares worth approximately $1.06 million following the completion of this transaction.
Also, Buntin David sold 28,137 shares, netting a total of over 904,605 in proceeds. Following the sale of shares at $32.15 each, the insider now holds 57,773 shares.
Before that, Buntin David had added 28,137 shares to its account. In a trade valued at $898,133, the Officer bought Thermon Group Holdings Inc shares for $31.92 each.
As published in their initiating research note from CJS Securities on April 29, 2024, Thermon Group Holdings Inc [THR] has been a Market outperform and the price target has been revised to $42. Analysts at ROTH MKM started covering the stock with ‘”a Buy”‘ outlook in a report released in early March. As of March 16, 2020, Rosenblatt has initiated its “Buy” rating for THR. Earlier on November 01, 2018, SunTrust upgraded its rating. Their new recommendation was “a Buy” for THR stock which previously was a “a Hold”.
Analyzing THR Stock Performance
During the last five days, there has been a surge of approximately 2.05%. Over the course of the year, Thermon Group Holdings Inc shares have dropped approximately -13.42%. Shares of the company reached a 52-week high of $30.70 on 03/25/25 and a 52-week low of $23.05 on 04/09/25. A 50-day SMA is recorded $28.15, while a 200-day SMA reached $29.26.
Support And Resistance Levels for Thermon Group Holdings Inc (THR)
According to the 24-hour chart, there is a support level at 24.61, which, if violated, would cause prices to drop to 24.30. In the upper region, resistance lies at 25.17. The next price resistance is at 25.43. RSI (Relative Strength Index) is 38.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.68, which suggests the price will decrease in the coming days. Percent R is at 68.53%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
