Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Urban Edge Properties shares valued at $3,725,112 were sold by Olson Jeffrey S on Feb 14 ’25. At $20.95 per share, Olson Jeffrey S sold 177,802 shares. The insider’s holdings dropped to 124,129 shares worth approximately $2.55 million following the completion of this transaction.
Also, Olson Jeffrey S sold 122,198 shares, netting a total of over 2,509,336 in proceeds. Following the sale of shares at $20.54 each, the insider now holds 1,931 shares.
Before that, Jeffrey S. Olson had added 300,000 shares to its account. In a trade valued at $6,321,000, the Chairman of the Board and Chie bought Urban Edge Properties shares for $21.07 each.
As published in a research note from Morgan Stanley on December 21, 2023, Urban Edge Properties [UE] has been rated up from an Underweight to an Equal-weight and the price target has been revised to $18 from $14. Analysts at Evercore ISI downgraded the stock from ‘”an Outperform”‘ to ‘”an In-line”‘ outlook in a report released in late November. As of September 23, 2021, Wolfe Research has initiated its “an Outperform” rating for UE. Earlier on September 20, 2021, Evercore ISI upgraded its rating. Their new recommendation was “an Outperform” for UE stock which previously was a “an In-line”.
Analyzing UE Stock Performance
During the last five days, there has been a surge of approximately 1.53%. Over the course of the year, Urban Edge Properties shares have dropped approximately -4.37%. Shares of the company reached a 52-week high of $21.73 on 02/14/25 and a 52-week low of $19.55 on 01/13/25. A 50-day SMA is recorded $20.77, while a 200-day SMA reached $20.42. Nevertheless, trading volume fell to 0.6 million shares from 0.85 million shares the previous day.
Support And Resistance Levels for Urban Edge Properties (UE)
According to the 24-hour chart, there is a support level at 20.42, which, if violated, would cause prices to drop to 20.27. In the upper region, resistance lies at 20.67. The next price resistance is at 20.77. RSI (Relative Strength Index) is 49.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.09, which suggests the price will decrease in the coming days. Percent R is at 57.92%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
