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Dicks Sporting Goods, Inc [DKS] Insider Activity: An Update for Investors

In a filing, Dicks Sporting Goods, Inc revealed its Officer Lodge-Jarrett Julie acquired Company’s shares for reported $2.15 million on Jan 10 ’25. In the deal valued at $235.00 per share,9,140 shares were bought.

Then, STACK EDWARD W sold 160,600 shares, generating $36,817,230 in total proceeds. Upon selling the shares at $229.25, the Executive Chairman now owns 8,362,128 shares.

Before that, STACK EDWARD W bought 160,600 shares. Dicks Sporting Goods, Inc shares valued at $36,809,559 were divested by the Officer at a price of $229.20 per share.

UBS upgraded its Dicks Sporting Goods, Inc [DKS] rating to a Buy from a a Neutral in a research note published on November 27, 2024; the price target was increased to $260 from $225. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late August has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering DKS and reiterated its “an Outperform” recommendation on May 30, 2024. BofA Securities revised its rating on May 29, 2024. It rated DKS as “a Buy” which previously was an “a Neutral”.

Price Performance Review of DKS

On Tuesday, Dicks Sporting Goods, Inc [NYSE:DKS] saw its stock fall -1.68% to $220.67. Over the last five days, the stock has lost -3.23%. Dicks Sporting Goods, Inc shares have fallen nearly -3.57% since the year began. Nevertheless, the stocks have risen 57.79% over the past one year. While a 52-week high of $239.30 was reached on 01/06/25, a 52-week low of $139.48 was recorded on 01/13/25. SMA at 50 days reached $213.68, while 200 days put it at $211.35.

Levels Of Support And Resistance For DKS Stock

The 24-hour chart illustrates a support level at 217.84, which if violated will result in even more drops to 215.00. On the upside, there is a resistance level at 225.41. A further resistance level may holdings at 230.14. The Relative Strength Index (RSI) on the 14-day chart is 47.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.49%. Stochastics %K at 46.46% indicates the stock is a holding.

How much short interest is there in Dicks Sporting Goods, Inc?

A steep rise in short interest was recorded in Dicks Sporting Goods, Inc stocks on 2024-10-31, dropping by -0.35 million shares to a total of 3.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 4.21 million shares. There was a decline of -9.06%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on April 12, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $211 price target.

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