Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dollar General Corp shares valued at $451,610 were sold by CALBERT MICHAEL M on Dec 31 ’24. At $75.27 per share, CALBERT MICHAEL M sold 6,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, CALBERT MICHAEL M purchased 6,000 shares, netting a total of over 451,140 in proceeds.
Before that, TAYLOR EMILY C had sold 4,740 shares from its account. In a trade valued at $367,061, the EVP & Chief Merchandising Ofc traded Dollar General Corp shares for $77.44 each. Upon closing the transaction, the insider’s holdings decreased to 4,740 shares, worth approximately $1.12 million.
As published in a research note from BofA Securities on December 06, 2024, Dollar General Corp [DG] has been rated up from an Underperform to a Buy and the price target has been revised to $95. Analysts at Telsey Advisory Group resumed the stock at ‘”a Market perform”‘ outlook in a report released in early December. As of October 22, 2024, Bernstein has initiated its “an Outperform” rating for DG. Earlier on September 27, 2024, Citigroup downgraded its rating. Their new recommendation was “a Sell” for DG stock which previously was a “a Neutral”.
Analyzing DG Stock Performance
During the last five days, there has been a surge of approximately 1.87%. Over the course of the year, Dollar General Corp shares have dropped approximately -4.99%. Shares of the company reached a 52-week high of $78.04 on 01/02/25 and a 52-week low of $66.43 on 01/16/25. A 50-day SMA is recorded $75.07, while a 200-day SMA reached $103.71. Nevertheless, trading volume fell to 2.21 million shares from 2.72 million shares the previous day.
Support And Resistance Levels for Dollar General Corp (DG)
According to the 24-hour chart, there is a support level at 71.31, which, if violated, would cause prices to drop to 70.59. In the upper region, resistance lies at 73.08. The next price resistance is at 74.13. RSI (Relative Strength Index) is 46.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.68, which suggests the price will increase in the coming days. Percent R is at 25.89%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
