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Toll Brothers (NYSE:TOL) Chairman Robert I. Toll sold 7,083 shares of the stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $37.20, for a total value of $263,487.60. Following the sale, the chairman now directly owns 10,120,818 shares in the company, valued at approximately $376,494,430. The sale was disclosed in a legal filing with the SEC, which is available at this link.

A number of analysts have recently weighed in on TOL shares. Analysts at Zacks reiterated a “neutral” rating on shares of Toll Brothers in a research note on Friday, June 20th. They now have a $38.00 price target on the stock. Separately, analysts at RBC Capital cut their price target on shares of Toll Brothers from $42.00 to $40.00 in a research note on Friday, May 30th. They now have a “sector perform” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Toll Brothers from $40.00 to $41.00 in a research note on Thursday, May 29th. They now have an “equal weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $39.46.

Toll Brothers (NYSE:TOL) traded down 1.14% on Thursday, hitting $36.38. The stock had a trading volume of 629,752 shares. Toll Brothers has a one year low of $29.64 and a one year high of $39.95. The stock has a 50-day moving average of $35.65 and a 200-day moving average of $35.9. The company has a market cap of $6.467 billion and a price-to-earnings ratio of 26.36.

Toll Brothers (NYSE:TOL) last announced its earnings results on Wednesday, May 28th. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.26 by $0.09. The company had revenue of $860.40 million for the quarter, compared to the consensus estimate of $830.91 million. During the same quarter last year, the company posted $0.14 earnings per share. Toll Brothers’s revenue was up 66.7% compared to the same quarter last year. On average, analysts predict that Toll Brothers will post $1.75 earnings per share for the current fiscal year.

Toll Brothers, Inc designs, builds, markets and arranges financing for detached and attached homes in luxury residential communities.

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