Sweetgreen Inc’s recently made public that its Officer Nicolas Jammet acquired Company’s shares for reported $0.12 million on Mar 17 ’25. In the deal valued at $23.50 per share,4,977 shares were bought.
Then, Mitch Reback bought 4,109 shares, generating $96,562 in total proceeds.
Before that, Nicolas Jammet bought 2,123 shares. Sweetgreen Inc shares valued at $49,890 were divested by the Officer at a price of $23.50 per share.
Goldman reiterated its Sweetgreen Inc [SG] rating to a Neutral in a research note published on February 27, 2025; the price target was $32. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. KeyBanc Capital Markets began covering SG with “Sector weight” recommendation on December 11, 2024. Goldman revised its rating on November 08, 2024. It rated SG as “a Neutral” which previously was an “a Buy”.
Price Performance Review of SG
On Monday, Sweetgreen Inc [NYSE:SG] saw its stock jump 1.34% to $24.12. Over the last five days, the stock has gained 1.05%. Sweetgreen Inc shares have fallen nearly -24.77% since the year began. Nevertheless, the stocks have risen 12.87% over the past one year. While a 52-week high of $45.12 was reached on 01/06/25, a 52-week low of $18.77 was recorded on 03/04/25. SMA at 50 days reached $28.08, while 200 days put it at $32.08.
Levels Of Support And Resistance For SG Stock
The 24-hour chart illustrates a support level at 23.45, which if violated will result in even more drops to 22.77. On the upside, there is a resistance level at 24.55. A further resistance level may holdings at 24.97. The Relative Strength Index (RSI) on the 14-day chart is 44.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.21%. Stochastics %K at 55.87% indicates the stock is a holding.
How much short interest is there in Sweetgreen Inc?
A steep rise in short interest was recorded in Sweetgreen Inc stocks on 2025-02-28, growing by 5.91 million shares to a total of 20.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 14.22 million shares. There was a rise of 29.35%, which implies that there is a positive sentiment for the stock.
