Caleres Inc’s recently made public that its Director Hendra Carla C acquired Company’s shares for reported $2.29 million on Sep 17 ’24. In the deal valued at $33.65 per share,68,093 shares were bought.
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Then, SULLIVAN DIANE M sold 17,068 shares, generating $605,079 in total proceeds. Upon selling the shares at $35.45, the Executive Chair now owns 150,449 shares.
Before that, Hendra Carla C sold 5,349 shares. Caleres Inc shares valued at $176,894 were divested by the Director at a price of $33.07 per share. As a result of the transaction, Hendra Carla C now holds 0 shares, worth roughly $0.0.
Loop Capital downgraded its Caleres Inc [CAL] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early February with a ‘”a Sector weight”‘ rating. Piper Sandler also remained covering CAL and has decreased its forecast on May 25, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Piper Sandler revised its rating on February 21, 2023. It rated CAL as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of CAL
On Monday, Caleres Inc [NYSE:CAL] saw its stock fall -6.46% to $30.97. Over the last five days, the stock has lost -4.82%. Caleres Inc shares have risen nearly 0.78% since the year began. Nevertheless, the stocks have risen 13.03% over the past one year. While a 52-week high of $44.51 was reached on 08/23/24, a 52-week low of $24.71 was recorded on 01/16/24. SMA at 50 days reached $36.01, while 200 days put it at $35.57.
Levels Of Support And Resistance For CAL Stock
The 24-hour chart illustrates a support level at 30.21, which if violated will result in even more drops to 29.45. On the upside, there is a resistance level at 32.44. A further resistance level may holdings at 33.91. The Relative Strength Index (RSI) on the 14-day chart is 37.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.55%. Stochastics %K at 49.93% indicates the stock is a holding.
How much short interest is there in Caleres Inc?
A steep rise in short interest was recorded in Caleres Inc stocks on 2024-09-30, dropping by -1.05 million shares to a total of 3.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 4.23 million shares. There was a decline of -33.13%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 25, 2022 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $28 price target.
