Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MI Homes Inc shares valued at $249,632 were sold by CREEK PHILLIP G on Feb 20 ’25. At $116.00 per share, CREEK PHILLIP G sold 2,152 shares. The insider’s holdings dropped to 27,071 shares worth approximately $3.13 million following the completion of this transaction.
Also, CREEK PHILLIP G sold 1,859 shares, netting a total of over 213,441 in proceeds. Following the sale of shares at $114.81 each, the insider now holds 29,223 shares.
Before that, SCHOTTENSTEIN ROBERT H had sold 3,716 shares from its account. In a trade valued at $426,653, the Chairman, CEO & President traded MI Homes Inc shares for $114.81 each. Upon closing the transaction, the insider’s holdings decreased to 3,716 shares, worth approximately $40.45 million.
As published in a research note from Seaport Research Partners on March 06, 2025, MI Homes Inc [MHO] has been rated up from a Neutral to a Buy and the price target has been revised to $151. Analysts at Wedbush upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early November. As of August 28, 2024, Seaport Research Partners has initiated its “Neutral” rating for MHO. Earlier on July 24, 2024, Raymond James initiated its rating. Their recommendation was “a Strong buy” for MHO stock.
Analyzing MHO Stock Performance
On last trading session, MI Homes Inc [NYSE: MHO] plunged -2.24% to $115.44. The stock’s lowest price that day was $114.68, but it reached a high of $118.73 in the same session. During the last five days, there has been a surge of approximately 3.78%. Over the course of the year, MI Homes Inc shares have dropped approximately -1.92%. Shares of the company reached a 52-week high of $141.94 on 01/21/25 and a 52-week low of $100.22 on 04/09/25.
Support And Resistance Levels for MI Homes Inc (MHO)
According to the 24-hour chart, there is a support level at 113.84, which, if violated, would cause prices to drop to 112.23. In the upper region, resistance lies at 117.89. The next price resistance is at 120.33. RSI (Relative Strength Index) is 58.92 on the 14-day chart, showing neutral technical sentiment.
Is MI Homes Inc subject to short interest?
Stocks of MI Homes Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.2 million shares to 0.86 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.67 million shares. A jump of 22.66% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.06 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.06.
Which companies own the most shares of MI Homes Inc (MHO)?
In terms of MI Homes Inc share price expectations, FactSet research, analysts set an average price target of 151 in the next 12 months, up nearly 27.88% from the previous closing price of $118.08. Analysts anticipate MI Homes Inc stock to reach 151 by 2025, with the lowest price target being 151. In spite of this, 2 analysts ranked MI Homes Inc stock as Strong Buy at the end of 2025. On December 18, 2023, Wedbush assigned a price target of “a Neutral” to the stock and downgraded coverage with a $116.
