Ross Stores, Inc’s recent filing unveils that its GROUP PRESIDENT, COO Hartshorn Michael J. unloaded Company’s shares for reported $1.3 million on Sep 16 ’24. In the deal valued at $155.64 per share,8,366 shares were sold. As a result of this transaction, Hartshorn Michael J. now holds 103,049 shares worth roughly $13.26 million.
Then, MICHAEL HARTSHORN bought 8,366 shares, generating $1,302,103 in total proceeds.
Before that, BALMUTH MICHAEL sold 14,887 shares. Ross Stores, Inc shares valued at $2,266,068 were divested by the EXECUTIVE CHAIRMAN at a price of $152.22 per share. As a result of the transaction, BALMUTH MICHAEL now holds 11,133 shares, worth roughly $1.43 million.
Telsey Advisory Group reiterated its Ross Stores, Inc [ROST] rating to a Market perform in a research note published on March 05, 2025; the price target was $150. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “an Equal-weight”. Wells Fargo also remained covering ROST and has decreased its forecast on January 10, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. Bernstein revised its rating on January 07, 2025. It rated ROST as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of ROST
On Tuesday, Ross Stores, Inc [NASDAQ:ROST] saw its stock fall -2.63% to $128.65. Over the last five days, the stock has lost -5.38%. Ross Stores, Inc shares have fallen nearly -14.95% since the year began. Nevertheless, the stocks have fallen -11.90% over the past one year. While a 52-week high of $163.60 was reached on 01/06/25, a 52-week low of $127.53 was recorded on 03/11/25. SMA at 50 days reached $144.84, while 200 days put it at $146.10.
Levels Of Support And Resistance For ROST Stock
The 24-hour chart illustrates a support level at 127.35, which if violated will result in even more drops to 126.04. On the upside, there is a resistance level at 131.17. A further resistance level may holdings at 133.68. The Relative Strength Index (RSI) on the 14-day chart is 27.76, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.32%. Stochastics %K at 25.64% indicates the stock is a holding.
