In a filing, Oxford Industries, Inc. revealed its CEO TOMMY BAHAMA Wood Douglas B unloaded Company’s shares for reported $3.52 million on Apr 05 ’24. In the deal valued at $104.95 per share,33,587 shares were sold. As a result of this transaction, Wood Douglas B now holds 12,394 shares worth roughly $1.28 million.
Then, LOVE DENNIS M sold 648 shares, generating $64,159 in total proceeds. Upon selling the shares at $99.01, the Director now owns 14,346 shares.
Before that, GRASSMYER SCOTT sold 1,500 shares. Oxford Industries, Inc. shares valued at $143,685 were divested by the EVP at a price of $95.79 per share. As a result of the transaction, GRASSMYER SCOTT now holds 32,132 shares, worth roughly $3.31 million.
Telsey Advisory Group reiterated its Oxford Industries, Inc. [OXM] rating to a Market perform in a research note published on April 01, 2024; the price target was $110. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early April from “a Neutral” to “a Sell”. Telsey Advisory Group also remained covering OXM and reiterated its “Market perform” recommendation on December 07, 2023. BTIG Research started covering the stock on November 21, 2023. It rated OXM as “a Neutral”.
Price Performance Review of OXM
On Tuesday, Oxford Industries, Inc. [NYSE:OXM] saw its stock jump 0.48% to $103.01. Over the last five days, the stock has lost -6.40%. Oxford Industries, Inc. shares have risen nearly 3.01% since the year began. Nevertheless, the stocks have risen 1.63% over the past one year. While a 52-week high of $113.88 was reached on 03/28/24, a 52-week low of $82.33 was recorded on 02/05/24. SMA at 50 days reached $103.59, while 200 days put it at $98.80. A total of 0.23 million shares were traded, compared to the trading of 0.33 million shares in the previous session.
Levels Of Support And Resistance For OXM Stock
The 24-hour chart illustrates a support level at 101.81, which if violated will result in even more drops to 100.62. On the upside, there is a resistance level at 103.70. A further resistance level may holdings at 104.40. The Relative Strength Index (RSI) on the 14-day chart is 44.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.87%. Stochastics %K at 25.84% indicates the stock is a holding.
The most recent change occurred on November 06, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Neutral”‘ rating along with a $90 price target.
