Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Signet Jewelers Ltd shares valued at $744,621 were sold by Hilson Joan M on Sep 18 ’24. At $93.08 per share, Hilson Joan M sold 8,000 shares. The insider’s holdings dropped to 181,202 shares worth approximately $16.87 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, Edelman Oded sold 9,000 shares, netting a total of over 842,160 in proceeds. Following the sale of shares at $93.57 each, the insider now holds 10,398 shares.
Before that, Edelman Oded had sold 9,000 shares from its account. In a trade valued at $837,994, the insider traded Signet Jewelers Ltd shares for $93.11 each. Upon closing the transaction, the insider’s holdings decreased to 9,000 shares, worth approximately $0.13 million.
As published in a research note from Telsey Advisory Group on September 09, 2024, Signet Jewelers Ltd [SIG] has been retained to a Market perform and the price target has been revised to $87. Analysts at Citigroup resumed the stock at ‘”a Buy”‘ outlook in a report released in mid June. As of April 04, 2024, Telsey Advisory Group has reiterated its “Market perform” rating for SIG. Earlier on March 21, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “a Market perform” for SIG stock.
Analyzing SIG Stock Performance
During the last five days, there has been a surge of approximately 19.25%. Over the course of the year, Signet Jewelers Ltd shares have dropped approximately -13.18%. Shares of the company reached a 52-week high of $112.06 on 06/03/24 and a 52-week low of $72.26 on 08/12/24. A 50-day SMA is recorded $81.86, while a 200-day SMA reached $94.66. Nevertheless, trading volume fell to 0.94 million shares from 1.06 million shares the previous day.
Support And Resistance Levels for Signet Jewelers Ltd (SIG)
According to the 24-hour chart, there is a support level at 91.81, which, if violated, would cause prices to drop to 90.50. In the upper region, resistance lies at 94.82. The next price resistance is at 96.52. RSI (Relative Strength Index) is 70.40 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 9.24, which suggests the price will increase in the coming days. Percent R is at 11.09%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
