In a filing, Gap, Inc revealed its Chief Financial Officer O’Connell Katrina unloaded Company’s shares for reported $1.63 million on Mar 14 ’25. In the deal valued at $20.35 per share,80,029 shares were sold. As a result of this transaction, O’Connell Katrina now holds 0 shares worth roughly $0.0.
Then, Gilligan Sarah sold 29,813 shares, generating $606,543 in total proceeds. Upon selling the shares at $20.34, the Chief Sup Chn & Transform Ofcr now owns 0 shares.
Before that, Breitbard Mark sold 16,055 shares. Gap, Inc shares valued at $327,957 were divested by the President & CEO, Gap Brand at a price of $20.43 per share. As a result of the transaction, Breitbard Mark now holds 123,985 shares, worth roughly $2.49 million.
Argus upgraded its Gap, Inc [GAP] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early January from “a Sell” to “a Neutral”. JP Morgan also remained covering GAP and has increased its forecast on December 02, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Telsey Advisory Group maintained its rating on August 30, 2024. It rated GAP as “a Market perform”.
Price Performance Review of GAP
On Monday, Gap, Inc [NYSE:GAP] saw its stock fall -0.15% to $20.10. Over the last five days, the stock has lost -10.11%. Gap, Inc shares have fallen nearly -14.94% since the year began. Nevertheless, the stocks have fallen -12.30% over the past one year. While a 52-week high of $30.75 was reached on 01/23/25, a 52-week low of $18.54 was recorded on 03/05/25. SMA at 50 days reached $22.84, while 200 days put it at $22.92.
Levels Of Support And Resistance For GAP Stock
The 24-hour chart illustrates a support level at 19.83, which if violated will result in even more drops to 19.57. On the upside, there is a resistance level at 20.36. A further resistance level may holdings at 20.62. The Relative Strength Index (RSI) on the 14-day chart is 39.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.74%. Stochastics %K at 35.87% indicates the stock is a holding.
How much short interest is there in Gap, Inc?
A steep rise in short interest was recorded in Gap, Inc stocks on 2025-02-28, dropping by -1.62 million shares to a total of 25.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 27.17 million shares. There was a decline of -6.36%, which implies that there is a negative sentiment for the stock.
