J.M. Smucker Co’s recently made public that its Chief Financial Officer Marshall Tucker H unloaded Company’s shares for reported $0.11 million on Dec 17 ’24. In the deal valued at $113.00 per share,994 shares were sold. As a result of this transaction, Marshall Tucker H now holds 18,734 shares worth roughly $1.91 million.
Then, Marshall Tucker H bought 994 shares, generating $112,322 in total proceeds.
Before that, SMUCKER MARK T sold 10,000 shares. J.M. Smucker Co shares valued at $1,101,600 were divested by the Chair of Board, Pres & CEO at a price of $110.16 per share. As a result of the transaction, SMUCKER MARK T now holds 78,757 shares, worth roughly $8.03 million.
TD Cowen downgraded its J.M. Smucker Co [SJM] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Hold”. DA Davidson began covering SJM with “Neutral” recommendation on March 01, 2024. Stifel revised its rating on February 28, 2024. It rated SJM as “a Buy” which previously was an “a Hold”.
Price Performance Review of SJM
On Tuesday, J.M. Smucker Co [NYSE:SJM] saw its stock fall -0.25% to $101.91. Over the last five days, the stock has lost -6.64%. J.M. Smucker Co shares have fallen nearly -7.46% since the year began. Nevertheless, the stocks have fallen -19.87% over the past one year. While a 52-week high of $134.62 was reached on 01/03/25, a 52-week low of $100.77 was recorded on 01/10/25. SMA at 50 days reached $112.35, while 200 days put it at $115.03.
Levels Of Support And Resistance For SJM Stock
The 24-hour chart illustrates a support level at 101.07, which if violated will result in even more drops to 100.23. On the upside, there is a resistance level at 102.68. A further resistance level may holdings at 103.44. The Relative Strength Index (RSI) on the 14-day chart is 29.14, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.17%. Stochastics %K at 7.67% indicates the stock is a buying.
How much short interest is there in J.M. Smucker Co?
A steep rise in short interest was recorded in J.M. Smucker Co stocks on 2024-10-31, dropping by 90212.0 shares to a total of 3.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.5 million shares. There was a decline of -2.64%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 01, 2024 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $153 price target.
