D.A. Davidson Reaffirms Their Hold Rating on Home Depot (HD)

D.A. Davidson analyst Michael Baker maintained a Hold rating on Home Depot (HD – Research Report) today. The company’s shares closed yesterday at $340.96.

According to TipRanks, Baker is a 5-star analyst with an average return of 6.4% and a 60.95% success rate. Baker covers the Consumer Cyclical sector, focusing on stocks such as Costco, Home Depot, and Carvana Co.

In addition to D.A. Davidson, Home Depot also received a Hold from Telsey Advisory’s Joe Feldman in a report issued today. However, on the same day, Robert W. Baird maintained a Buy rating on Home Depot (NYSE: HD).

The company has a one-year high of $396.87 and a one-year low of $269.93. Currently, Home Depot has an average volume of 3.53M.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HD in relation to earlier this year. Most recently, in February 2024, Teresa Wynn Roseborough, the EVP, Gen. Counsel & Corp. Sec of HD sold 19,367.00 shares for a total of $7,034,675.41.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Home Depot (HD) Company Description:

Home Depot, Inc. is a home improvement retailer, which sells building materials, home decor, flooring, appliances, lawn and garden products, tools and other merchandise. It also offers installation services as well as tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.