The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dicks Sporting Goods, Inc shares valued at $1,139,960 were sold by Lodge-Jarrett Julie on Jan 17 ’25. At $227.99 per share, Lodge-Jarrett Julie sold 5,000 shares. The insider’s holdings dropped to 16,504 shares worth approximately $3.9 million following the completion of this transaction.
Also, Lodge-Jarrett Julie purchased 9,140 shares, netting a total of over 2,147,900 in proceeds.
Before that, STACK EDWARD W had sold 160,600 shares from its account. In a trade valued at $36,817,230, the Executive Chairman traded Dicks Sporting Goods, Inc shares for $229.25 each. Upon closing the transaction, the insider’s holdings decreased to 160,600 shares, worth approximately $1.98 billion.
As published in a research note from UBS on November 27, 2024, Dicks Sporting Goods, Inc [DKS] has been rated up from a Neutral to a Buy and the price target has been revised to $260 from $225. Analysts at Telsey Advisory Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in late August. As of May 30, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for DKS. Earlier on May 29, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for DKS stock which previously was a “a Neutral”.
Analyzing DKS Stock Performance
During the last five days, there has been a surge of approximately 7.16%. Over the course of the year, Dicks Sporting Goods, Inc shares have jumped approximately 3.33%. Shares of the company reached a 52-week high of $238.44 on 01/22/25 and a 52-week low of $219.68 on 01/13/25. A 50-day SMA is recorded $217.14, while a 200-day SMA reached $211.69. Nevertheless, trading volume fell to 0.86 million shares from 0.92 million shares the previous day.
Support And Resistance Levels for Dicks Sporting Goods, Inc (DKS)
According to the 24-hour chart, there is a support level at 232.83, which, if violated, would cause prices to drop to 229.19. In the upper region, resistance lies at 239.27. The next price resistance is at 242.07. RSI (Relative Strength Index) is 62.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.31, which suggests the price will increase in the coming days. Percent R is at 10.55%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
