Titan International (NYSE:TWI) Share Price Crosses Above 200 Day Moving Average - Here's Why

Key Points

• Titan International's stock price recently surpassed its 200-day moving average of $8.36, trading as high as $8.74 before closing at $8.65 with significant trading volume.
• Analysts have shown a positive outlook for Titan International, with target price upgrades from DA Davidson (raising it from $10.00 to $12.00) and an "outperform" rating set by Noble Financial.
• Insider trading was notable, with Director Richard M. Cashin, Jr. selling 212,398 shares, indicating a significant decrease in position, while overall, insiders sold a total of 301,348 shares valued at over $3 million in the last 90 days.

Titan International, Inc. (NYSE:TWI - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.36 and traded as high as $8.74. Titan International shares last traded at $8.65, with a volume of 275,930 shares.

Analyst Ratings Changes

TWI has been the topic of several recent analyst reports. Wall Street Zen raised shares of Titan International from a "sell" rating to a "hold" rating in a research note on Thursday, May 8th. Noble Financial initiated coverage on shares of Titan International in a research report on Wednesday, June 4th. They issued an "outperform" rating and a $11.00 target price for the company. Finally, DA Davidson upped their price objective on shares of Titan International from $10.00 to $12.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $11.33.

Titan International Stock Up 7.8%

The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.27 and a current ratio of 2.35. The stock has a market cap of $587.56 million, a price-to-earnings ratio of -29.66 and a beta of 2.05. The firm's 50-day simple moving average is $9.32 and its two-hundred day simple moving average is $8.37.

Titan International (NYSE:TWI - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The company had revenue of $460.83 million during the quarter, compared to analyst estimates of $483.84 million. Titan International had a negative net margin of 1.24% and a negative return on equity of 1.62%. Titan International has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Titan International, Inc. will post 0.03 EPS for the current fiscal year.

Insider Activity at Titan International

In other news, Director Richard M. Cashin, Jr. sold 212,398 shares of Titan International stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $10.34, for a total transaction of $2,196,195.32. Following the completion of the sale, the director owned 176,461 shares in the company, valued at $1,824,606.74. The trade was a 54.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Anthony Eheli sold 25,000 shares of Titan International stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $9.24, for a total transaction of $231,000.00. Following the sale, the chief accounting officer owned 45,276 shares of the company's stock, valued at approximately $418,350.24. This represents a 35.57% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 301,348 shares of company stock valued at $3,086,520. 25.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. AlphaQuest LLC acquired a new position in Titan International during the second quarter worth $43,000. Quantbot Technologies LP bought a new stake in shares of Titan International in the second quarter valued at about $46,000. Tower Research Capital LLC TRC boosted its position in shares of Titan International by 191.7% in the second quarter. Tower Research Capital LLC TRC now owns 5,189 shares of the industrial products company's stock valued at $53,000 after acquiring an additional 3,410 shares during the period. Brooklyn Investment Group boosted its position in shares of Titan International by 1,286.4% in the first quarter. Brooklyn Investment Group now owns 5,934 shares of the industrial products company's stock valued at $50,000 after acquiring an additional 5,506 shares during the period. Finally, Journey Strategic Wealth LLC bought a new stake in Titan International during the second quarter worth about $105,000. Institutional investors own 80.39% of the company's stock.

Titan International Company Profile

Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.