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. Regency Centers Corporation shares valued at $1,829,480 were purchased by PALMER LISA on Feb 19 ’25. At $73.18 per share, PALMER LISA acquired 25,000 shares.
Also, MAS MICHAEL J purchased 20,001 shares, netting a total of over 1,457,473 in proceeds.
Before that, Martin Stein Jr had added 25,000 shares to its account. In a trade valued at $1,800,000, the Director bought Regency Centers Corporation shares for $72.00 each.
As published in their initiating research note from KeyBanc Capital Markets on October 25, 2024, Regency Centers Corporation [REG] has been an Overweight and the price target has been revised to $80. Analysts at Deutsche Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late September. As of September 16, 2024, Evercore ISI has decreased its “an Outperform” rating to a “an In-line” for REG. Earlier on July 09, 2024, Mizuho upgraded its rating. Their new recommendation was “an Outperform” for REG stock which previously was a “a Neutral”.
Analyzing REG Stock Performance
During the last five days, there has been a drop of approximately -1.32%. Over the course of the year, Regency Centers Corporation shares have dropped approximately -0.66%. Shares of the company reached a 52-week high of $75.34 on 02/14/25 and a 52-week low of $68.44 on 01/13/25. A 50-day SMA is recorded $72.89, while a 200-day SMA reached $69.20. Nevertheless, trading volume fell to 1.11 million shares from 1.06 million shares the previous day.
Support And Resistance Levels for Regency Centers Corporation (REG)
According to the 24-hour chart, there is a support level at 72.62, which, if violated, would cause prices to drop to 71.81. In the upper region, resistance lies at 74.21. The next price resistance is at 74.99. RSI (Relative Strength Index) is 53.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.23, which suggests the price will decrease in the coming days. Percent R is at 40.08%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
