Seritage Growth Properties’s recent filing unveils that its 10% Owner LAMPERT EDWARD S unloaded Company’s shares for reported $0.25 million on Apr 01 ’24. In the deal valued at $9.76 per share,25,655 shares were sold. As a result of this transaction, LAMPERT EDWARD S now holds 13,484,162 shares worth roughly $126.48 million.
Then, LAMPERT EDWARD S sold 6,447 shares, generating $61,923 in total proceeds. Upon selling the shares at $9.61, the 10% Owner now owns 13,509,817 shares.
Before that, LAMPERT EDWARD S sold 20,694 shares. Seritage Growth Properties shares valued at $198,681 were divested by the 10% Owner at a price of $9.60 per share. As a result of the transaction, LAMPERT EDWARD S now holds 13,516,264 shares, worth roughly $126.78 million.
Odeon initiated its Seritage Growth Properties [SRG] rating to a Buy in a research note published on July 12, 2023; the price target was $14.
Price Performance Review of SRG
On Tuesday, Seritage Growth Properties [NYSE:SRG] saw its stock fall -0.32% to $9.38. Over the last five days, the stock has gained 0.43%. Seritage Growth Properties shares have risen nearly 0.32% since the year began. Nevertheless, the stocks have risen 22.29% over the past one year. While a 52-week high of $9.92 was reached on 04/09/24, a 52-week low of $7.07 was recorded on 03/18/24. SMA at 50 days reached $9.36, while 200 days put it at $8.78. A total of 0.4 million shares were traded, compared to the trading of 0.52 million shares in the previous session.
Levels Of Support And Resistance For SRG Stock
The 24-hour chart illustrates a support level at 9.32, which if violated will result in even more drops to 9.27. On the upside, there is a resistance level at 9.47. A further resistance level may holdings at 9.57. The Relative Strength Index (RSI) on the 14-day chart is 50.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.00%. Stochastics %K at 52.78% indicates the stock is a holding.
