McDonald’s Corp’s filing revealed that its EVP – Chief Impact Officer Banner Jonathan unloaded Company’s shares for reported $2.83 million on Feb 13 ’25. In the deal valued at $307.41 per share,9,200 shares were sold. As a result of this transaction, Banner Jonathan now holds 19 shares worth roughly $ 5862.45.
Then, Kempczinski Christopher J sold 10,500 shares, generating $3,255,525 in total proceeds. Upon selling the shares at $310.05, the Chairman and CEO now owns 32,756 shares.
Before that, CHRISTOPHER KEMPCZINSKI bought 10,500 shares. McDonald’s Corp shares valued at $3,255,560 were divested by the Officer at a price of $310.05 per share.
Citigroup upgraded its McDonald’s Corp [MCD] rating to a Buy from a a Neutral in a research note published on January 10, 2025; the price target was increased to $334 from $311. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in late October from “an Outperform” to “a Neutral”. Guggenheim also remained covering MCD and has decreased its forecast on October 23, 2024 with a “Neutral” recommendation from previously “Buy” rating. Truist maintained its rating on October 15, 2024. It rated MCD as “a Buy”.
Price Performance Review of MCD
On Friday, McDonald’s Corp [NYSE:MCD] saw its stock fall -0.47% to $308.55. Over the last five days, the stock has gained 4.84%. McDonald’s Corp shares have risen nearly 6.44% since the year began. Nevertheless, the stocks have risen 7.47% over the past one year. While a 52-week high of $317.90 was reached on 02/11/25, a 52-week low of $243.53 was recorded on 01/16/25. SMA at 50 days reached $292.72, while 200 days put it at $282.33.
Levels Of Support And Resistance For MCD Stock
The 24-hour chart illustrates a support level at 307.22, which if violated will result in even more drops to 305.89. On the upside, there is a resistance level at 310.44. A further resistance level may holdings at 312.33. The Relative Strength Index (RSI) on the 14-day chart is 69.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.09%. Stochastics %K at 89.69% indicates the stock is a selling.
How much short interest is there in McDonald’s Corp?
A steep rise in short interest was recorded in McDonald’s Corp stocks on 2025-01-31, dropping by -1.53 million shares to a total of 7.91 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 9.44 million shares. There was a decline of -19.4%, which implies that there is a negative sentiment for the stock.
