In a filing, Meritage Homes Corp revealed its Director Keough Joseph acquired Company’s shares for reported $0.35 million on Mar 13 ’25. In the deal valued at $69.28 per share,5,000 shares were bought. As a result of this transaction, Keough Joseph now holds 37,700 shares worth roughly $2.6 million.
Then, Feliciano Javier sold 4,862 shares, generating $350,408 in total proceeds. Upon selling the shares at $72.07, the EVP Chief People Officer now owns 36,278 shares.
Before that, Lord Phillippe sold 36,167 shares. Meritage Homes Corp shares valued at $2,578,554 were divested by the Chief Executive Officer at a price of $71.30 per share. As a result of the transaction, Lord Phillippe now holds 228,270 shares, worth roughly $15.76 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 jump 1.96% to $69.03. Over the last five days, the stock has gained 1.20%. Meritage Homes Corp shares have fallen nearly -10.25% since the year began. Nevertheless, the stocks have fallen -24.06% 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. SMA at 50 days reached $68.89, while 200 days put it at $83.64.
Levels Of Support And Resistance For MTH Stock
The 24-hour chart illustrates a support level at 68.01, which if violated will result in even more drops to 66.99. On the upside, there is a resistance level at 69.58. A further resistance level may holdings at 70.13. The Relative Strength Index (RSI) on the 14-day chart is 51.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.90%. Stochastics %K at 32.16% indicates the stock is a holding.
