Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. GMS Inc shares valued at $255,500 were purchased by Turner John C JR on Apr 07 ’25. At $70.00 per share, Turner John C JR acquired 3,650 shares. The insider’s holdings grew to 66,928 shares worth approximately $4.73 million following the completion of this transaction.
Also, Gilliam Theron I sold 12,474 shares, netting a total of over 916,340 in proceeds. Following the sale of shares at $73.46 each, the insider now holds 31,507 shares.
Before that, Gilliam Theron I had added 12,474 shares to its account. In a trade valued at $904,864, the Director bought GMS Inc shares for $72.54 each.
As published in a research note from DA Davidson on November 26, 2024, GMS Inc [GMS] has been rated down from a Buy to a Neutral and the price target has been revised to $97. Analysts at DA Davidson started covering the stock with ‘”a Buy”‘ outlook in a report released in late August. As of December 09, 2022, Loop Capital has decreased its “Buy” rating to a “Hold” for GMS. Earlier on September 07, 2022, Truist downgraded its rating. Their new recommendation was “a Hold” for GMS stock which previously was a “a Buy”.
Analyzing GMS Stock Performance
During the last five days, there has been a drop of approximately -1.70%. Over the course of the year, GMS Inc shares have dropped approximately -16.67%. Shares of the company reached a 52-week high of $86.68 on 01/02/25 and a 52-week low of $65.77 on 04/08/25. A 50-day SMA is recorded $75.85, while a 200-day SMA reached $86.54.
Support And Resistance Levels for GMS Inc (GMS)
According to the 24-hour chart, there is a support level at 69.70, which, if violated, would cause prices to drop to 68.71. In the upper region, resistance lies at 71.46. The next price resistance is at 72.23. RSI (Relative Strength Index) is 43.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.97, which suggests the price will decrease in the coming days. Percent R is at 48.43%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
