General Mills, Inc’s filing revealed that its Chairman of the Board & CEO HARMENING JEFFREY L unloaded Company’s shares for reported $0.74 million on Mar 07 ’25. In the deal valued at $65.00 per share,11,379 shares were sold. As a result of this transaction, HARMENING JEFFREY L now holds 353,346 shares worth roughly $21.53 million.
Then, JEFFREY HARMENING bought 11,379 shares, generating $739,635 in total proceeds.
Before that, Gallagher Paul Joseph sold 1,041 shares. General Mills, Inc shares valued at $67,144 were divested by the Chief Supply Chain Officer at a price of $64.50 per share. As a result of the transaction, Gallagher Paul Joseph now holds 42,117 shares, worth roughly $2.57 million.
Jefferies reiterated its General Mills, Inc [GIS] rating to a Hold in a research note published on March 10, 2025; the price target was $62. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Hold”‘ rating for it. BofA Securities also remained covering GIS and has increased its forecast on December 13, 2024 with a “Buy” recommendation from previously “Neutral” rating. Goldman started covering the stock on August 12, 2024. It rated GIS as “a Buy”.
Price Performance Review of GIS
On Monday, General Mills, Inc [NYSE:GIS] saw its stock jump 2.32% to $60.94. Over the last five days, the stock has lost -6.68%. General Mills, Inc shares have fallen nearly -4.44% since the year began. Nevertheless, the stocks have fallen -7.71% over the past one year. While a 52-week high of $75.90 was reached on 03/10/25, a 52-week low of $55.15 was recorded on 02/18/25. SMA at 50 days reached $60.28, while 200 days put it at $66.02.
Levels Of Support And Resistance For GIS Stock
The 24-hour chart illustrates a support level at 60.01, which if violated will result in even more drops to 59.08. On the upside, there is a resistance level at 61.56. A further resistance level may holdings at 62.18. The Relative Strength Index (RSI) on the 14-day chart is 50.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.02%. Stochastics %K at 16.47% indicates the stock is a buying.
How much short interest is there in General Mills, Inc?
A steep rise in short interest was recorded in General Mills, Inc stocks on 2025-02-28, growing by 3.84 million shares to a total of 26.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 22.42 million shares. There was a rise of 14.64%, which implies that there is a positive sentiment for the stock.
