BofA Securities initates Meritage Homes Corp (MTH) rating to a Buy

CHWY Stock

Meritage Homes Corp’s filing revealed that its EVP – Gen. Counsel, Secretary Clinton Malissia unloaded Company’s shares for reported $0.47 million on Aug 12 ’25. In the deal valued at $71.59 per share,6,518 shares were sold. As a result of this transaction, Clinton Malissia now holds 8,749 shares worth roughly $0.68 million.

Then, Clinton Malissia bought 6,518 shares, generating $466,401 in total proceeds.

Before that, ARRIOLA DENNIS V bought 2,200 shares. Meritage Homes Corp shares valued at $154,000 were divested by the Director at a price of $70.00 per share. As a result of the transaction, ARRIOLA DENNIS V now holds 9,512 shares, worth roughly $0.73 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 jump 0.03% to $77.25. Over the last five days, the stock has gained 3.68%. Meritage Homes Corp shares have fallen nearly -14.47% since the year began. Nevertheless, the stocks have risen 0.44% 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 76.53, which if violated will result in even more drops to 75.80. On the upside, there is a resistance level at 78.48. A further resistance level may holdings at 79.71.

How much short interest is there in Meritage Homes Corp?

A steep rise in short interest was recorded in Meritage Homes Corp stocks on 2025-07-31, growing by 3337.0 shares to a total of 2.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 2.96 million shares. There was a rise of 0.11%, which implies that there is a positive sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.