Caleres Inc’s filing revealed that its Director Gendreau Kyle acquired Company’s shares for reported $99661.0 on Jan 17 ’25. In the deal valued at $19.93 per share,5,000 shares were bought. As a result of this transaction, Gendreau Kyle now holds 5,000 shares worth roughly $0.1 million.
Then, Hendra Carla C bought 68,093 shares, generating $2,291,329 in total proceeds.
Before that, SULLIVAN DIANE M sold 17,068 shares. Caleres Inc shares valued at $605,079 were divested by the Executive Chair at a price of $35.45 per share. As a result of the transaction, SULLIVAN DIANE M now holds 150,449 shares, worth roughly $3.01 million.
Loop Capital downgraded its Caleres Inc [CAL] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early February with a ‘”a Sector weight”‘ rating. Piper Sandler also remained covering CAL and has decreased its forecast on May 25, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Piper Sandler revised its rating on February 21, 2023. It rated CAL as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of CAL
On Friday, Caleres Inc [NYSE:CAL] saw its stock fall -0.50% to $20.04. Over the last five days, the stock has lost -0.50%. Caleres Inc shares have fallen nearly -13.47% since the year began. Nevertheless, the stocks have fallen -34.08% over the past one year. While a 52-week high of $44.51 was reached on 01/02/25, a 52-week low of $19.21 was recorded on 01/22/25. SMA at 50 days reached $25.66, while 200 days put it at $32.74.
Levels Of Support And Resistance For CAL Stock
The 24-hour chart illustrates a support level at 19.88, which if violated will result in even more drops to 19.71. On the upside, there is a resistance level at 20.35. A further resistance level may holdings at 20.65. The Relative Strength Index (RSI) on the 14-day chart is 29.44, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.82%. Stochastics %K at 18.50% indicates the stock is a buying.
How much short interest is there in Caleres Inc?
A steep rise in short interest was recorded in Caleres Inc stocks on 2024-11-15, dropping by -0.99 million shares to a total of 2.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.14 million shares. There was a decline of -45.94%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 25, 2022 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $28 price target.
