Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Regency Centers Corporation shares valued at $1,549,307 were sold by PALMER LISA on Feb 21 ’24. At $61.22 per share, PALMER LISA sold 25,306 shares. The insider’s holdings dropped to 130,001 shares worth approximately $8.75 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, STEIN MARTIN E JR sold 25,000 shares, netting a total of over 1,700,000 in proceeds. Following the sale of shares at $68.00 each, the insider now holds 311,899 shares.
Before that, ROTH ALAN TODD had sold 3,869 shares from its account. In a trade valued at $249,875, the EVP, E. Regional Pres. traded Regency Centers Corporation shares for $64.58 each. Upon closing the transaction, the insider’s holdings decreased to 3,869 shares, worth approximately $0.89 million.
As published in a research note from Mizuho on July 09, 2024, Regency Centers Corporation [REG] has been rated up from a Neutral to an Outperform and the price target has been revised to $67 from $61. Analysts at Mizuho started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid April. As of February 01, 2024, Wells Fargo has initiated its “an Overweight” rating for REG. Earlier on January 30, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for REG stock.
Analyzing REG Stock Performance
During the last five days, there has been a surge of approximately 3.94%. Over the course of the year, Regency Centers Corporation shares have jumped approximately 0.51%. Shares of the company reached a 52-week high of $68.68 on 07/30/24 and a 52-week low of $56.51 on 04/16/24. A 50-day SMA is recorded $62.50, while a 200-day SMA reached $61.72. Nevertheless, trading volume fell to 1.43 million shares from 1.19 million shares the previous day.
Support And Resistance Levels for Regency Centers Corporation (REG)
According to the 24-hour chart, there is a support level at 66.89, which, if violated, would cause prices to drop to 66.43. In the upper region, resistance lies at 68.13. The next price resistance is at 68.91. RSI (Relative Strength Index) is 64.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.50, which suggests the price will increase in the coming days. Percent R is at 24.86%, indicating bullish price movement. Stochastics%K at selling indicates that the stock is to be held.
