Scotts Miracle-Gro Company’s recently made public that its Director Hagedorn Partnership, L.P. unloaded Company’s shares for reported $4.19 million on Feb 13 ’25. In the deal valued at $66.70 per share,62,877 shares were sold. As a result of this transaction, Hagedorn Partnership, L.P. now holds 13,369,274 shares worth roughly $823.55 million.
Then, Sandoval Brian E sold 1,513 shares, generating $99,646 in total proceeds. Upon selling the shares at $65.86, the Director now owns 13,039 shares.
Before that, Sandoval Brian E bought 1,513 shares. Scotts Miracle-Gro Company shares valued at $99,645 were divested by the Director at a price of $65.86 per share.
Stifel upgraded its Scotts Miracle-Gro Company [SMG] rating to a Buy from a a Hold in a research note published on March 04, 2025; the price target was decreased to $70 from $78. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”a Hold”‘ rating. Truist also remained covering SMG and has decreased its forecast on April 05, 2024 with a “Hold” recommendation from previously “Buy” rating. Raymond James revised its rating on March 25, 2024. It rated SMG as “a Mkt perform” which previously was an “a Strong buy”.
Price Performance Review of SMG
On Monday, Scotts Miracle-Gro Company [NYSE:SMG] saw its stock fall -0.93% to $61.60. Over the last five days, the stock has gained 10.16%. Scotts Miracle-Gro Company shares have fallen nearly -7.15% since the year began. Nevertheless, the stocks have fallen -6.25% over the past one year. While a 52-week high of $93.90 was reached on 01/29/25, a 52-week low of $55.68 was recorded on 03/03/25. SMA at 50 days reached $66.56, while 200 days put it at $71.73.
Levels Of Support And Resistance For SMG Stock
The 24-hour chart illustrates a support level at 60.42, which if violated will result in even more drops to 59.25. On the upside, there is a resistance level at 63.08. A further resistance level may holdings at 64.57. The Relative Strength Index (RSI) on the 14-day chart is 43.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 36.48%. Stochastics %K at 58.66% indicates the stock is a holding.
