Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Regency Centers Corporation shares valued at $1,831,575 were sold by PALMER LISA on Feb 19 ’25. At $73.26 per share, PALMER LISA sold 25,000 shares. The insider’s holdings dropped to 139,923 shares worth approximately $10.42 million following the completion of this transaction.
Also, MAS MICHAEL J sold 20,000 shares, netting a total of over 1,472,000 in proceeds. Following the sale of shares at $73.60 each, the insider now holds 54,020 shares.
Before that, STEIN MARTIN E JR had sold 25,000 shares from its account. In a trade valued at $1,808,000, the Executive Chairman traded Regency Centers Corporation shares for $72.32 each. Upon closing the transaction, the insider’s holdings decreased to 25,000 shares, worth approximately $21.44 million.
As published in their initiating research note from KeyBanc Capital Markets on October 25, 2024, Regency Centers Corporation [REG] has been an Overweight and the price target has been revised to $80. Analysts at Deutsche Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late September. As of September 16, 2024, Evercore ISI has decreased its “an Outperform” rating to a “an In-line” for REG. Earlier on July 09, 2024, Mizuho upgraded its rating. Their new recommendation was “an Outperform” for REG stock which previously was a “a Neutral”.
Analyzing REG Stock Performance
During the last five days, there has been a drop of approximately -1.47%. Over the course of the year, Regency Centers Corporation shares have jumped approximately 0.70%. Shares of the company reached a 52-week high of $78.18 on 03/04/25 and a 52-week low of $68.44 on 01/13/25. A 50-day SMA is recorded $73.10, while a 200-day SMA reached $70.08.
Support And Resistance Levels for Regency Centers Corporation (REG)
According to the 24-hour chart, there is a support level at 73.43, which, if violated, would cause prices to drop to 72.41. In the upper region, resistance lies at 76.13. The next price resistance is at 77.81. RSI (Relative Strength Index) is 50.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.09, which suggests the price will increase in the coming days. Percent R is at 59.40%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
