Caleres Inc’s recently made public that its President & CEO, Caleres Schmidt John W unloaded Company’s shares for reported $0.95 million on May 06 ’24. In the deal valued at $37.63 per share,25,332 shares were sold. As a result of this transaction, Schmidt John W now holds 348,771 shares worth roughly $12.71 million.
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Then, SULLIVAN DIANE M sold 6,856 shares, generating $254,314 in total proceeds. Upon selling the shares at $37.09, the Executive Chair now owns 254,668 shares.
Before that, SULLIVAN DIANE M sold 24,499 shares. Caleres Inc shares valued at $916,707 were divested by the Executive Chair at a price of $37.42 per share. As a result of the transaction, SULLIVAN DIANE M now holds 261,524 shares, worth roughly $9.53 million.
KeyBanc Capital Markets initiated its Caleres Inc [CAL] rating to a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late May from “an Overweight” to “a Neutral”. Piper Sandler also remained covering CAL and has increased its forecast on February 21, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. Piper Sandler started covering the stock on October 25, 2022. It rated CAL as “a Neutral”.
Price Performance Review of CAL
On Tuesday, Caleres Inc [NYSE:CAL] saw its stock unchanged to $36.45. Over the last five days, the stock has lost -4.88%. Caleres Inc shares have risen nearly 18.61% since the year began. Nevertheless, the stocks have risen 69.46% over the past one year. While a 52-week high of $41.94 was reached on 03/21/24, a 52-week low of $16.85 was recorded on 01/16/24. SMA at 50 days reached $37.67, while 200 days put it at $31.60. A total of 0.31 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For CAL Stock
The 24-hour chart illustrates a support level at 36.15, which if violated will result in even more drops to 35.85. On the upside, there is a resistance level at 36.72. A further resistance level may holdings at 36.99. The Relative Strength Index (RSI) on the 14-day chart is 43.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.43%. Stochastics %K at 10.46% indicates the stock is a buying.
The most recent change occurred on June 24, 2022 when Seaport Research Partners began covering the stock and recommended ‘”a Buy”‘ rating along with a $35 price target.
