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TITN (Titan Machinery Inc) may reap gains as insiders became active recently

Titan Machinery Inc’s filing revealed that its Chief Financial Officer Larsen Robert acquired Company’s shares for reported $10002.0 on Apr 03 ’25. In the deal valued at $15.20 per share,658 shares were bought. As a result of this transaction, Larsen Robert now holds 37,330 shares worth roughly $0.79 million.

Then, Meyer David Joseph bought 22,524 shares, generating $379,079 in total proceeds. Upon buying the shares at $16.83, the Chairman now owns 135,388 shares.

Before that, Meyer David Joseph bought 3,000 shares. Titan Machinery Inc shares valued at $50,580 were divested by the Chairman at a price of $16.86 per share. As a result of the transaction, Meyer David Joseph now holds 138,388 shares, worth roughly $2.94 million.

Northland Capital upgraded its Titan Machinery Inc [TITN] rating to an Outperform from a a Market perform in a research note published recently. Robert W. Baird also remained covering TITN and has increased its forecast on January 27, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. Northland Capital revised its rating on August 20, 2024. It rated TITN as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of TITN

On Tuesday, Titan Machinery Inc [NASDAQ:TITN] saw its stock jump 4.74% to $21.23. Over the last five days, the stock has gained 19.61%. Titan Machinery Inc shares have risen nearly 50.25% since the year began. Nevertheless, the stocks have fallen -12.20% over the past one year. While a 52-week high of $24.25 was reached on 05/13/25, a 52-week low of $12.30 was recorded on 03/20/25. SMA at 50 days reached $16.45, while 200 days put it at $15.46.

Levels Of Support And Resistance For TITN Stock

The 24-hour chart illustrates a support level at 20.51, which if violated will result in even more drops to 19.79. On the upside, there is a resistance level at 21.78. A further resistance level may holdings at 22.33. The Relative Strength Index (RSI) on the 14-day chart is 76.40, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.22, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.00%. Stochastics %K at 95.33% indicates the stock is a selling.

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