Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. RE/MAX Holdings Inc shares valued at $30,655 were sold by Jenkins Leah R on Feb 27 ’25. At $9.28 per share, Jenkins Leah R sold 3,303 shares. The insider’s holdings dropped to 25,333 shares worth approximately $0.18 million following the completion of this transaction.
Also, Peterson Adam K purchased 11,798 shares, netting a total of over 113,733 in proceeds. Following the buying of shares at $9.64 each, the insider now holds 3,247,929 shares.
Before that, Peterson Adam K had added 15,000 shares to its account. In a trade valued at $154,500, the 10% Owner bought RE/MAX Holdings Inc shares for $10.30 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $23.59 million.
As published in a research note from JP Morgan on December 18, 2023, RE/MAX Holdings Inc [RMAX] has been rated down from a Neutral to an Underweight and the price target has been revised to $14 from $16. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in early November. As of July 18, 2023, BTIG Research has initiated its “Neutral” rating for RMAX. Earlier on February 21, 2023, Stephens downgraded its rating. Their new recommendation was “an Equal-weight” for RMAX stock which previously was a “an Overweight”.
Analyzing RMAX Stock Performance
During the last five days, there has been a surge of approximately 1.11%. Over the course of the year, RE/MAX Holdings Inc shares have dropped approximately -31.68%. Shares of the company reached a 52-week high of $10.83 on 01/06/25 and a 52-week low of $6.90 on 04/09/25. A 50-day SMA is recorded $8.77, while a 200-day SMA reached $10.46.
Support And Resistance Levels for RE/MAX Holdings Inc (RMAX)
According to the 24-hour chart, there is a support level at 7.14, which, if violated, would cause prices to drop to 6.98. In the upper region, resistance lies at 7.56. The next price resistance is at 7.82. RSI (Relative Strength Index) is 34.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.29, which suggests the price will decrease in the coming days. Percent R is at 75.47%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
