JBG SMITH Properties’s recent filing unveils that its Director ESTES SCOTT A unloaded Company’s shares for reported $0.35 million on Nov 01 ’24. In the deal valued at $17.26 per share,20,000 shares were sold. As a result of this transaction, ESTES SCOTT A now holds 30,000 shares worth roughly $0.43 million.
Then, Regan-Levine Evan sold 7,525 shares, generating $130,784 in total proceeds. Upon selling the shares at $17.38, the Chief Strategy Officer now owns 0 shares.
Before that, Reynolds Kevin sold 20,000 shares. JBG SMITH Properties shares valued at $347,200 were divested by the Chief Development Officer at a price of $17.36 per share. As a result of the transaction, Reynolds Kevin now holds 9 shares, worth roughly $128.34.
BMO Capital Markets downgraded its JBG SMITH Properties [JBGS] rating to an Underperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid August from “an In-line” to “an Underperform”. BMO Capital Markets also remained covering JBGS and has decreased its forecast on May 31, 2022 with a “Market perform” recommendation from previously “an Outperform” rating. Wolfe Research revised its rating on May 23, 2022. It rated JBGS as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of JBGS
On Friday, JBG SMITH Properties [NYSE:JBGS] saw its stock fall -4.55% to $14.26. Over the last five days, the stock has lost -7.64%. JBG SMITH Properties shares have fallen nearly -7.22% since the year began. Nevertheless, the stocks have fallen -16.75% over the past one year. While a 52-week high of $18.86 was reached on 01/03/25, a 52-week low of $13.65 was recorded on 01/10/25. SMA at 50 days reached $16.09, while 200 days put it at $16.14.
Levels Of Support And Resistance For JBGS Stock
The 24-hour chart illustrates a support level at 14.07, which if violated will result in even more drops to 13.89. On the upside, there is a resistance level at 14.57. A further resistance level may holdings at 14.89. The Relative Strength Index (RSI) on the 14-day chart is 28.18, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.01%. Stochastics %K at 7.78% indicates the stock is a buying.
How much short interest is there in JBG SMITH Properties?
A steep rise in short interest was recorded in JBG SMITH Properties stocks on 2024-12-13, growing by 0.36 million shares to a total of 7.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.64 million shares. There was a rise of 5.19%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 05, 2022 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $37 price target.
