Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Turning Point Brands Inc shares valued at $224,990 were sold by Baxter Gregory H.A. on Aug 23 ’24. At $39.59 per share, Baxter Gregory H.A. sold 5,683 shares. The insider’s holdings dropped to 40,861 shares worth approximately $3.31 million following the completion of this transaction.
Also, Baxter Gregory H.A. sold 2,000 shares, netting a total of over 78,840 in proceeds. Following the sale of shares at $39.42 each, the insider now holds 46,544 shares.
Before that, De Plano Lorenzo had added 4,000 shares to its account. In a trade valued at $127,200, the Chief Strategy Officer bought Turning Point Brands Inc shares for $31.80 each. Upon closing the transaction, the insider’s holdings increased to 4,000 shares, worth approximately $2.83 million.
As published in their initiating research note from Alliance Global Partners on March 03, 2025, Turning Point Brands Inc [TPB] has been a Buy and the price target has been revised to $80. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid November. As of September 19, 2024, ROTH MKM has initiated its “Buy” rating for TPB. Earlier on June 06, 2023, The Benchmark Company initiated its rating. Their recommendation was “a Buy” for TPB stock.
Analyzing TPB Stock Performance
During the last five days, there has been a surge of approximately 31.96%. Over the course of the year, Turning Point Brands Inc shares have jumped approximately 34.78%. Shares of the company reached a 52-week high of $81.05 on 05/07/25 and a 52-week low of $51.48 on 04/07/25. A 50-day SMA is recorded $60.46, while a 200-day SMA reached $53.18.
Support And Resistance Levels for Turning Point Brands Inc (TPB)
According to the 24-hour chart, there is a support level at 75.15, which, if violated, would cause prices to drop to 69.30. In the upper region, resistance lies at 83.95. The next price resistance is at 86.90. RSI (Relative Strength Index) is 87.80 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.36, which suggests the price will increase in the coming days. Percent R is at 0.20%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
