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. Regency Centers Corporation shares valued at $3,674,000 were sold by STEIN MARTIN E JR on Mar 11 ’25. At $73.48 per share, STEIN MARTIN E JR sold 50,000 shares. The insider’s holdings dropped to 110,263 shares worth approximately $7.76 million following the completion of this transaction.
Also, The Regency Group, Inc. purchased 50,000 shares, netting a total of over 3,671,846 in proceeds.
Before that, PALMER LISA had sold 25,000 shares from its account. In a trade valued at $1,831,575, the President and CEO traded Regency Centers Corporation shares for $73.26 each. Upon closing the transaction, the insider’s holdings decreased to 25,000 shares, worth approximately $9.85 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 -5.45%. Over the course of the year, Regency Centers Corporation shares have dropped approximately -4.79%. 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 $72.96, while a 200-day SMA reached $70.39.
Support And Resistance Levels for Regency Centers Corporation (REG)
According to the 24-hour chart, there is a support level at 69.45, which, if violated, would cause prices to drop to 68.51. In the upper region, resistance lies at 71.99. The next price resistance is at 73.59. RSI (Relative Strength Index) is 34.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.75, which suggests the price will decrease in the coming days. Percent R is at 96.53%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
