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. General Mills, Inc shares valued at $739,635 were sold by HARMENING JEFFREY L on Mar 07 ’25. At $65.00 per share, HARMENING JEFFREY L sold 11,379 shares. The insider’s holdings dropped to 353,346 shares worth approximately $21.15 million following the completion of this transaction.
Also, JEFFREY HARMENING purchased 11,379 shares, netting a total of over 739,635 in proceeds.
Before that, Gallagher Paul Joseph had sold 1,041 shares from its account. In a trade valued at $67,144, the Chief Supply Chain Officer traded General Mills, Inc shares for $64.50 each. Upon closing the transaction, the insider’s holdings decreased to 1,041 shares, worth approximately $2.52 million.
As published in a research note from Jefferies on March 10, 2025, General Mills, Inc [GIS] has been retained to a Hold and the price target has been revised to $62. Analysts at TD Cowen resumed the stock at ‘”a Hold”‘ outlook in a report released in mid December. As of December 13, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for GIS. Earlier on August 12, 2024, Goldman initiated its rating. Their recommendation was “a Buy” for GIS stock.
Analyzing GIS Stock Performance
During the last five days, there has been a drop of approximately -3.81%. Over the course of the year, General Mills, Inc shares have dropped approximately -6.15%. Shares of the company reached a 52-week high of $67.35 on 03/10/25 and a 52-week low of $55.15 on 02/18/25. A 50-day SMA is recorded $60.41, while a 200-day SMA reached $66.10.
Support And Resistance Levels for General Mills, Inc (GIS)
According to the 24-hour chart, there is a support level at 59.23, which, if violated, would cause prices to drop to 58.60. In the upper region, resistance lies at 60.87. The next price resistance is at 61.89. RSI (Relative Strength Index) is 46.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.78, which suggests the price will decrease in the coming days. Percent R is at 86.61%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
