Steven Madden Ltd’s recently made public that its Director Davis Peter Allan unloaded Company’s shares for reported $25169.0 on Mar 11 ’25. In the deal valued at $26.98 per share,933 shares were sold. As a result of this transaction, Davis Peter Allan now holds 6,824 shares worth roughly $0.17 million.
Then, peter davis bought 933 shares, generating $25,169 in total proceeds.
Before that, Davis Peter Allan sold 500 shares. Steven Madden Ltd shares valued at $22,696 were divested by the Director at a price of $45.39 per share. As a result of the transaction, Davis Peter Allan now holds 7,757 shares, worth roughly $0.2 million.
Telsey Advisory Group reiterated its Steven Madden Ltd [SHOO] rating to a Market perform in a research note published on February 27, 2025; the price target was $38. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late November with a ‘”a Hold”‘ rating. Telsey Advisory Group maintained its rating on August 01, 2024. It rated SHOO as “a Market perform”.
Price Performance Review of SHOO
On Tuesday, Steven Madden Ltd [NASDAQ:SHOO] saw its stock fall -1.75% to $25.31. Over the last five days, the stock has lost -5.06%. Steven Madden Ltd shares have fallen nearly -40.48% since the year began. Nevertheless, the stocks have fallen -39.19% over the past one year. While a 52-week high of $50.01 was reached on 01/02/25, a 52-week low of $24.97 was recorded on 03/17/25. SMA at 50 days reached $36.60, while 200 days put it at $42.57.
Levels Of Support And Resistance For SHOO Stock
The 24-hour chart illustrates a support level at 24.97, which if violated will result in even more drops to 24.64. On the upside, there is a resistance level at 25.71. A further resistance level may holdings at 26.11. The Relative Strength Index (RSI) on the 14-day chart is 16.15, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.61%. Stochastics %K at 3.95% indicates the stock is a buying.
How much short interest is there in Steven Madden Ltd?
A steep rise in short interest was recorded in Steven Madden Ltd stocks on 2025-02-28, growing by 0.13 million shares to a total of 3.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.82 million shares. There was a rise of 3.33%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 29, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $44.
