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. McDonald’s Corp shares valued at $962,432 were sold by Flatley Edith Morgan on Feb 19 ’25. At $300.76 per share, Flatley Edith Morgan sold 3,200 shares. The insider’s holdings dropped to 9,858 shares worth approximately $2.99 million following the completion of this transaction.
Also, Banner Jonathan sold 9,200 shares, netting a total of over 2,828,172 in proceeds. Following the sale of shares at $307.41 each, the insider now holds 19 shares.
Before that, Kempczinski Christopher J had sold 10,500 shares from its account. In a trade valued at $3,255,525, the Chairman and CEO traded McDonald’s Corp shares for $310.05 each. Upon closing the transaction, the insider’s holdings decreased to 10,500 shares, worth approximately $9.93 million.
As published in a research note from Citigroup on January 10, 2025, McDonald’s Corp [MCD] has been rated up from a Neutral to a Buy and the price target has been revised to $334 from $311. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late October. As of October 23, 2024, Guggenheim has decreased its “Buy” rating to a “Neutral” for MCD. Earlier on October 15, 2024, Truist resumed its rating. Their recommendation was “a Buy” for MCD stock.
Analyzing MCD Stock Performance
During the last five days, there has been a drop of approximately -1.48%. Over the course of the year, McDonald’s Corp shares have jumped approximately 4.54%. Shares of the company reached a 52-week high of $311.59 on 02/11/25 and a 52-week low of $276.53 on 01/16/25. A 50-day SMA is recorded $293.13, while a 200-day SMA reached $282.77. Nevertheless, trading volume fell to 3.02 million shares from 2.99 million shares the previous day.
Support And Resistance Levels for McDonald’s Corp (MCD)
According to the 24-hour chart, there is a support level at 299.76, which, if violated, would cause prices to drop to 296.46. In the upper region, resistance lies at 304.74. The next price resistance is at 306.42. RSI (Relative Strength Index) is 58.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.23, which suggests the price will increase in the coming days. Percent R is at 31.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
