Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. McDonald’s Corp shares valued at $3,228,798 were sold by Steijaert Manuel JM on Feb 24 ’25. At $308.71 per share, Steijaert Manuel JM sold 10,459 shares. The insider’s holdings dropped to 4,606 shares worth approximately $1.4 million following the completion of this transaction.
Also, Erlinger Joseph M. sold 939 shares, netting a total of over 286,395 in proceeds. Following the sale of shares at $305.00 each, the insider now holds 13,978 shares.
Before that, JOSEPH ERLINGER had added 939 shares to its account. In a trade valued at $286,217, the Officer bought McDonald’s Corp shares for $304.81 each.
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 surge of approximately 0.77%. Over the course of the year, McDonald’s Corp shares have jumped approximately 4.96%. Shares of the company reached a 52-week high of $314.55 on 02/26/25 and a 52-week low of $276.53 on 01/16/25. A 50-day SMA is recorded $293.73, while a 200-day SMA reached $283.53. Nevertheless, trading volume fell to 4.14 million shares from 3.89 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 300.45, which, if violated, would cause prices to drop to 296.63. In the upper region, resistance lies at 311.32. The next price resistance is at 318.37. RSI (Relative Strength Index) is 56.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.47, which suggests the price will increase in the coming days. Percent R is at 42.43%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
