Regency Centers Corporation’s filing revealed that its President and CEO PALMER LISA unloaded Company’s shares for reported $1.83 million on Feb 19 ’25. In the deal valued at $73.26 per share,25,000 shares were sold. As a result of this transaction, PALMER LISA now holds 139,923 shares worth roughly $10.26 million.
Then, MAS MICHAEL J sold 20,000 shares, generating $1,472,000 in total proceeds. Upon selling the shares at $73.60, the EVP and CFO now owns 54,020 shares.
Before that, STEIN MARTIN E JR sold 25,000 shares. Regency Centers Corporation shares valued at $1,808,000 were divested by the Executive Chairman at a price of $72.32 per share. As a result of the transaction, STEIN MARTIN E JR now holds 287,958 shares, worth roughly $21.12 million.
KeyBanc Capital Markets initiated its Regency Centers Corporation [REG] rating to an Overweight in a research note published on October 25, 2024; the price target was $80. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in late September from “a Buy” to “a Hold”. Evercore ISI also remained covering REG and has decreased its forecast on September 16, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Mizuho revised its rating on July 09, 2024. It rated REG as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of REG
On Friday, Regency Centers Corporation [NASDAQ:REG] saw its stock jump 0.07% to $73.33. Over the last five days, the stock has lost -2.23%. Regency Centers Corporation shares have fallen nearly -0.81% since the year began. Nevertheless, the stocks have risen 20.97% over the past one year. While a 52-week high of $76.53 was reached on 02/14/25, a 52-week low of $56.51 was recorded on 01/13/25. SMA at 50 days reached $72.85, while 200 days put it at $69.34.
Levels Of Support And Resistance For REG Stock
The 24-hour chart illustrates a support level at 72.88, which if violated will result in even more drops to 72.42. On the upside, there is a resistance level at 73.69. A further resistance level may holdings at 74.04. The Relative Strength Index (RSI) on the 14-day chart is 52.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.40%. Stochastics %K at 58.02% indicates the stock is a holding.
The most recent change occurred on April 18, 2024 when Mizuho began covering the stock and recommended ‘”a Neutral”‘ rating along with a $60 price target.
