Steven Madden Ltd’s recently made public that its Director Davis Peter Allan unloaded Company’s shares for reported $22696.0 on Nov 25 ’24. In the deal valued at $45.39 per share,500 shares were sold. As a result of this transaction, Davis Peter Allan now holds 7,757 shares worth roughly $0.23 million.
Then, Peter Davis bought 500 shares, generating $22,696 in total proceeds.
Before that, Kumar Maria Teresa sold 8,646 shares. Steven Madden Ltd shares valued at $380,299 were divested by the Director at a price of $43.99 per share. As a result of the transaction, Kumar Maria Teresa now holds 4,400 shares, worth roughly $0.13 million.
Telsey Advisory Group reiterated its Steven Madden Ltd [SHOO] rating to a Market perform in a research note published on February 27, 2025; the price target was $38. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late November with a ‘”a Hold”‘ rating. Telsey Advisory Group maintained its rating on August 01, 2024. It rated SHOO as “a Market perform”.
Price Performance Review of SHOO
On Tuesday, Steven Madden Ltd [NASDAQ:SHOO] saw its stock fall -3.28% to $29.45. Over the last five days, the stock has lost -22.28%. Steven Madden Ltd shares have fallen nearly -30.74% since the year began. Nevertheless, the stocks have fallen -31.22% over the past one year. While a 52-week high of $50.01 was reached on 01/02/25, a 52-week low of $30.42 was recorded on 03/04/25. SMA at 50 days reached $39.70, while 200 days put it at $43.34.
Levels Of Support And Resistance For SHOO Stock
The 24-hour chart illustrates a support level at 29.09, which if violated will result in even more drops to 28.72. On the upside, there is a resistance level at 30.13. A further resistance level may holdings at 30.80. The Relative Strength Index (RSI) on the 14-day chart is 16.53, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.53%. Stochastics %K at 2.34% indicates the stock is a buying.
The most recent change occurred on February 29, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $44.
