Meritage Homes Corp’s recent filing unveils that its Director Keough Joseph acquired Company’s shares for reported $0.26 million on Jun 12 ’25. In the deal valued at $66.16 per share,4,000 shares were bought. As a result of this transaction, Keough Joseph now holds 41,700 shares worth roughly $3.08 million.
Then, Keough Joseph bought 5,000 shares, generating $346,400 in total proceeds. Upon buying the shares at $69.28, the Director now owns 37,700 shares.
Before that, Feliciano Javier sold 4,862 shares. Meritage Homes Corp shares valued at $350,408 were divested by the EVP Chief People Officer at a price of $72.07 per share. As a result of the transaction, Feliciano Javier now holds 36,278 shares, worth roughly $2.68 million.
BofA Securities initiated its Meritage Homes Corp [MTH] rating to a Buy in a research note published on May 05, 2025; the price target was $82. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in early March from “a Sell” to “a Neutral”. JP Morgan also remained covering MTH and has decreased its forecast on December 13, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Raymond James revised its rating on November 07, 2024. It rated MTH as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of MTH
On Friday, Meritage Homes Corp [NYSE:MTH] saw its stock fall -2.11% to $73.77. Over the last five days, the stock has gained 4.45%. Meritage Homes Corp shares have fallen nearly -4.57% since the year began. Nevertheless, the stocks have fallen -4.08% over the past one year. While a 52-week high of $106.99 was reached on 01/27/25, a 52-week low of $59.27 was recorded on 04/09/25.
Levels Of Support And Resistance For MTH Stock
The 24-hour chart illustrates a support level at 73.19, which if violated will result in even more drops to 72.62. On the upside, there is a resistance level at 74.47. A further resistance level may holdings at 75.18.
How much short interest is there in Meritage Homes Corp?
A steep rise in short interest was recorded in Meritage Homes Corp stocks on 2025-06-13, growing by 0.65 million shares to a total of 3.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.51 million shares. There was a rise of 20.51%, which implies that there is a positive sentiment for the stock.
