In a filing, Meritage Homes Corp revealed its Chief Executive Officer Lord Phillippe unloaded Company’s shares for reported $0.56 million on Aug 22 ’25. In the deal valued at $80.01 per share,6,950 shares were sold. As a result of this transaction, Lord Phillippe now holds 221,320 shares worth roughly $17.08 million.
Then, Lord Phillippe bought 6,950 shares, generating $556,070 in total proceeds.
Before that, Clinton Malissia sold 6,518 shares. Meritage Homes Corp shares valued at $466,620 were divested by the EVP – Gen. Counsel, Secretary at a price of $71.59 per share. As a result of the transaction, Clinton Malissia now holds 8,749 shares, worth roughly $0.68 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 Tuesday, Meritage Homes Corp [NYSE:MTH] saw its stock fall -1.43% to $77.18. Over the last five days, the stock has lost -0.09%. Meritage Homes Corp shares have fallen nearly -19.95% since the year began. Nevertheless, the stocks have risen 0.35% 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 76.64, which if violated will result in even more drops to 76.09. On the upside, there is a resistance level at 78.10. A further resistance level may holdings at 79.01.
How much short interest is there in Meritage Homes Corp?
A steep rise in short interest was recorded in Meritage Homes Corp stocks on 2025-08-15, growing by 0.23 million shares to a total of 3.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 2.92 million shares. There was a rise of 7.19%, which implies that there is a positive sentiment for the stock.