Regency Centers Corporation’s recent filing unveils that its Executive Chairman STEIN MARTIN E JR unloaded Company’s shares for reported $3.67 million on Mar 11 ’25. In the deal valued at $73.48 per share,50,000 shares were sold. As a result of this transaction, STEIN MARTIN E JR now holds 110,263 shares worth roughly $7.88 million.
Then, The Regency Group, Inc. bought 50,000 shares, generating $3,671,846 in total proceeds.
Before that, PALMER LISA sold 25,000 shares. Regency Centers Corporation shares valued at $1,831,575 were divested by the President and CEO at a price of $73.26 per share. As a result of the transaction, PALMER LISA now holds 139,923 shares, worth roughly $9.99 million.
KeyBanc Capital Markets initiated its Regency Centers Corporation [REG] rating to an Overweight in a research note published on October 25, 2024; the price target was $80. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in late September from “a Buy” to “a Hold”. Evercore ISI also remained covering REG and has decreased its forecast on September 16, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Mizuho revised its rating on July 09, 2024. It rated REG as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of REG
On Monday, Regency Centers Corporation [NASDAQ:REG] saw its stock jump 0.51% to $71.43. Over the last five days, the stock has lost -3.39%. Regency Centers Corporation shares have fallen nearly -3.38% since the year began. Nevertheless, the stocks have risen 17.83% over the past one year. While a 52-week high of $78.18 was reached on 03/04/25, a 52-week low of $56.51 was recorded on 01/13/25. SMA at 50 days reached $72.87, while 200 days put it at $70.51.
Levels Of Support And Resistance For REG Stock
The 24-hour chart illustrates a support level at 71.04, which if violated will result in even more drops to 70.66. On the upside, there is a resistance level at 71.86. A further resistance level may holdings at 72.30. The Relative Strength Index (RSI) on the 14-day chart is 40.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.64%. Stochastics %K at 10.57% indicates the stock is a buying.
How much short interest is there in Regency Centers Corporation?
A steep rise in short interest was recorded in Regency Centers Corporation stocks on 2025-02-28, growing by 0.45 million shares to a total of 4.57 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.12 million shares. There was a rise of 9.81%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 18, 2024 when Mizuho began covering the stock and recommended ‘”a Neutral”‘ rating along with a $60 price target.
