Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Smith Douglas Homes Corp shares valued at $256,182 were purchased by Jackson Jeffrey T on Nov 19 ’24. At $29.77 per share, Jackson Jeffrey T acquired 8,605 shares. The insider’s holdings grew to 15,748 shares worth approximately $0.3 million following the completion of this transaction.
As published in a research note from BofA Securities on January 27, 2025, Smith Douglas Homes Corp [SDHC] has been rated down from a Neutral to an Underperform and the price target has been revised to $22 from $33. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in late November. As of February 05, 2024, Wolfe Research has initiated its “Peer perform” rating for SDHC. Earlier on February 05, 2024, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for SDHC stock.
Analyzing SDHC Stock Performance
During the last five days, there has been a surge of approximately 1.72%. Over the course of the year, Smith Douglas Homes Corp shares have dropped approximately -26.37%. Shares of the company reached a 52-week high of $26.23 on 01/02/25 and a 52-week low of $17.03 on 04/09/25. A 50-day SMA is recorded $20.80, while a 200-day SMA reached $28.75.
Support And Resistance Levels for Smith Douglas Homes Corp (SDHC)
According to the 24-hour chart, there is a support level at 18.21, which, if violated, would cause prices to drop to 17.55. In the upper region, resistance lies at 19.23. The next price resistance is at 19.59. RSI (Relative Strength Index) is 45.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.41, which suggests the price will decrease in the coming days. Percent R is at 43.94%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
