Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Meritage Homes Corp shares valued at $264,640 were purchased by Keough Joseph on Jun 12 ’25. At $66.16 per share, Keough Joseph acquired 4,000 shares. The insider’s holdings grew to 41,700 shares worth approximately $2.76 million following the completion of this transaction.
Also, Keough Joseph purchased 5,000 shares, netting a total of over 346,400 in proceeds. Following the buying of shares at $69.28 each, the insider now holds 37,700 shares.
Before that, Feliciano Javier had sold 4,862 shares from its account. In a trade valued at $350,408, the EVP Chief People Officer traded Meritage Homes Corp shares for $72.07 each. Upon closing the transaction, the insider’s holdings decreased to 4,862 shares, worth approximately $2.4 million.
As published in their initiating research note from BofA Securities on May 05, 2025, Meritage Homes Corp [MTH] has been a Buy and the price target has been revised to $82. Analysts at Seaport Research Partners upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in early March. As of December 13, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for MTH. Earlier on November 07, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for MTH stock which previously was a “an Outperform”.
Analyzing MTH Stock Performance
On last trading session,, Meritage Homes Corp [NYSE: MTH] rose 0.76% to $66.27. The stock’s lowest price that day was $64.95, but it reached a high of $66.62 in the same session. During the last five days, there has been a surge of approximately 6.13%. Over the course of the year, Meritage Homes Corp shares have dropped approximately -20.13%. Shares of the company reached a 52-week high of $84.50 on 01/27/25 and a 52-week low of $59.27 on 04/09/25.
Support And Resistance Levels for Meritage Homes Corp (MTH)
According to the 24-hour chart, there is a support level at 65.27, which, if violated, would cause prices to drop to 64.28. In the upper region, resistance lies at 66.94. The next price resistance is at 67.62. RSI (Relative Strength Index) is 52.16 on the 14-day chart, showing neutral technical sentiment.
Is Meritage Homes Corp subject to short interest?
Stocks of Meritage Homes Corp saw a sharp rise in short interest on 2025-06-13 jumping by 0.65 million shares to 3.15 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 2.51 million shares. A jump of 20.51% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.88 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.88.
Which companies own the most shares of Meritage Homes Corp (MTH)?
In terms of Meritage Homes Corp share price expectations, FactSet research, analysts set an average price target of 103 in the next 12 months, up nearly 56.61% from the previous closing price of $65.77. Analysts anticipate Meritage Homes Corp stock to reach 107 by 2025, with the lowest price target being 70. In spite of this, 7 analysts ranked Meritage Homes Corp stock as Buy at the end of 2025. On October 31, 2024, Goldman assigned a price target of “a Buy” to the stock and upgraded coverage with a $235.
