The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. TPI Composites Inc shares valued at $121,600 were purchased by Dere Construction Taahhut A.S. on Feb 24 ’25. At $1.52 per share, Dere Construction Taahhut A.S. acquired 80,000 shares. The insider’s holdings grew to 4,397,232 shares worth approximately $4.71 million following the completion of this transaction.
Also, Dere Construction Taahhut A.S. purchased 66,000 shares, netting a total of over 95,040 in proceeds. Following the buying of shares at $1.44 each, the insider now holds 4,295,232 shares.
Before that, Dere Construction Taahhut A.S. had added 49,000 shares to its account. In a trade valued at $77,910, the 10% Owner bought TPI Composites Inc shares for $1.59 each. Upon closing the transaction, the insider’s holdings increased to 49,000 shares, worth approximately $4.53 million.
As published in a research note from Jefferies on March 18, 2025, TPI Composites Inc [TPIC] has been rated down from a Hold to an Underperform and the price target has been revised to $0.50. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of November 15, 2024, Morgan Stanley has decreased its “an Equal-weight” rating to a “an Underweight” for TPIC. Earlier on October 17, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for TPIC stock.
Analyzing TPIC Stock Performance
On last trading session,, TPI Composites Inc [NASDAQ: TPIC] plunged -8.55% to $1.07. The stock’s lowest price that day was $1.07, but it reached a high of $1.155 in the same session. During the last five days, there has been a drop of approximately -9.32%. Over the course of the year, TPI Composites Inc shares have dropped approximately -76.71%. Shares of the company reached a 52-week high of $2.0845 on 01/06/25 and a 52-week low of $0.6374 on 04/07/25.
Support And Resistance Levels for TPI Composites Inc (TPIC)
According to the 24-hour chart, there is a support level at 1.0417, which, if violated, would cause prices to drop to 1.0133. In the upper region, resistance lies at 1.1267. The next price resistance is at 1.1833. RSI (Relative Strength Index) is 44.43 on the 14-day chart, showing neutral technical sentiment.
Is TPI Composites Inc subject to short interest?
Stocks of TPI Composites Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.4 million shares to 6.97 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 7.37 million shares. A decline of -5.72% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 15.35 of the overall float, the days-to-cover ratio (short ratio) decline to 15.35.
Which companies own the most shares of TPI Composites Inc (TPIC)?
In terms of TPI Composites Inc share price expectations, FactSet research, analysts set an average price target of 28.5 in the next 12 months, up nearly 2335.9% from the previous closing price of $1.17. Analysts anticipate TPI Composites Inc stock to reach 42 by 2025, with the lowest price target being 5. In spite of this, 7 analysts ranked TPI Composites Inc stock as Buy at the end of 2025.
