Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. General Mills, Inc shares valued at $63,660 were sold by SASTRE MARIA on Nov 15 ’24. At $63.66 per share, SASTRE MARIA sold 1,000 shares. The insider’s holdings dropped to 23,013 shares worth approximately $1.48 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, HARMENING JEFFREY L sold 46,500 shares, netting a total of over 3,190,351 in proceeds. Following the sale of shares at $68.61 each, the insider now holds 355,328 shares.
Before that, JEFFREY HARMENING had added 46,500 shares to its account. In a trade valued at $3,190,351, the Officer bought General Mills, Inc shares for $68.61 each.
As published in their initiating research note from Goldman on August 12, 2024, General Mills, Inc [GIS] has been a Buy and the price target has been revised to $76. Analysts at Argus downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid July. As of May 15, 2024, Bernstein has increased its “an Underperform” rating to a “Mkt perform” for GIS. Earlier on February 01, 2024, Citigroup initiated its rating. Their recommendation was “a Neutral” for GIS stock.
Analyzing GIS Stock Performance
During the last five days, there has been a drop of approximately -0.91%. Over the course of the year, General Mills, Inc shares have dropped approximately -1.57%. Shares of the company reached a 52-week high of $75.90 on 09/10/24 and a 52-week low of $61.47 on 02/14/24. A 50-day SMA is recorded $69.82, while a 200-day SMA reached $68.30. Nevertheless, trading volume fell to 3.66 million shares from 4.69 million shares the previous day.
Support And Resistance Levels for General Mills, Inc (GIS)
According to the 24-hour chart, there is a support level at 63.28, which, if violated, would cause prices to drop to 62.44. In the upper region, resistance lies at 64.56. The next price resistance is at 65.00. RSI (Relative Strength Index) is 34.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.29, which suggests the price will decrease in the coming days. Percent R is at 71.41%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
