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Telsey Advisory Group analysts reiterates a Market perform rating for Steven Madden Ltd (SHOO)

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In a filing, Steven Madden Ltd revealed its Director Davis Peter Allan unloaded Company’s shares for reported $25169.0 on Mar 11 ’25. In the deal valued at $26.98 per share,933 shares were sold. As a result of this transaction, Davis Peter Allan now holds 6,824 shares worth roughly $0.18 million.

Then, peter davis bought 933 shares, generating $25,169 in total proceeds.

Before that, Davis Peter Allan sold 500 shares. Steven Madden Ltd shares valued at $22,696 were divested by the Director at a price of $45.39 per share. As a result of the transaction, Davis Peter Allan now holds 7,757 shares, worth roughly $0.21 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 -4.79% to $26.66. Over the last five days, the stock has lost -9.47%. Steven Madden Ltd shares have fallen nearly -37.30% since the year began. Nevertheless, the stocks have fallen -37.02% over the past one year. While a 52-week high of $50.01 was reached on 01/02/25, a 52-week low of $27.98 was recorded on 03/11/25. SMA at 50 days reached $38.28, while 200 days put it at $43.00.

Levels Of Support And Resistance For SHOO Stock

The 24-hour chart illustrates a support level at 26.22, which if violated will result in even more drops to 25.79. On the upside, there is a resistance level at 27.53. A further resistance level may holdings at 28.41. The Relative Strength Index (RSI) on the 14-day chart is 14.77, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 100.00%. Stochastics %K at 3.95% 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.

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