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. STAG Industrial Inc shares valued at $216,120 were purchased by Larry T. Guillemette on Mar 05 ’25. At $36.02 per share, Larry T. Guillemette acquired 6,000 shares.
Also, Butcher Benjamin S sold 50,000 shares, netting a total of over 1,754,765 in proceeds. Following the sale of shares at $35.10 each, the insider now holds 9,632 shares.
Before that, Benjamin S. Butcher had added 50,000 shares to its account. In a trade valued at $1,753,000, the Director bought STAG Industrial Inc shares for $35.06 each.
As published in a research note from Wedbush on July 22, 2024, STAG Industrial Inc [STAG] has been rated up from a Neutral to an Outperform and the price target has been revised to $44 from $38. Analysts at Wedbush started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid July. As of June 04, 2024, Exane BNP Paribas has initiated its “Neutral” rating for STAG. Earlier on March 27, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for STAG stock.
Analyzing STAG Stock Performance
During the last five days, there has been a surge of approximately 4.22%. Over the course of the year, STAG Industrial Inc shares have jumped approximately 9.61%. Shares of the company reached a 52-week high of $37.21 on 03/05/25 and a 52-week low of $32.27 on 01/10/25. A 50-day SMA is recorded $34.46, while a 200-day SMA reached $36.80.
Support And Resistance Levels for STAG Industrial Inc (STAG)
According to the 24-hour chart, there is a support level at 36.18, which, if violated, would cause prices to drop to 35.30. In the upper region, resistance lies at 37.58. The next price resistance is at 38.10. RSI (Relative Strength Index) is 72.76 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.81, which suggests the price will decrease in the coming days. Percent R is at 5.81%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
