The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sweetgreen Inc shares valued at $50,527 were sold by Ru Nathaniel on Mar 17 ’25. At $23.80 per share, Ru Nathaniel sold 2,123 shares. The insider’s holdings dropped to 1,785,099 shares worth approximately $43.61 million following the completion of this transaction.
Also, Jammet Nicolas sold 2,123 shares, netting a total of over 50,527 in proceeds. Following the sale of shares at $23.80 each, the insider now holds 1,763,203 shares.
Before that, Williams Rossann had sold 4,977 shares from its account. In a trade valued at $118,453, the CHIEF OPERATING OFFICER traded Sweetgreen Inc shares for $23.80 each. Upon closing the transaction, the insider’s holdings decreased to 4,977 shares, worth approximately $2.33 million.
As published in a research note from Goldman on February 27, 2025, Sweetgreen Inc [SG] has been retained to a Neutral and the price target has been revised to $32. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 11, 2024, KeyBanc Capital Markets has initiated its “Sector weight” rating for SG. Earlier on November 08, 2024, Goldman downgraded its rating. Their new recommendation was “a Neutral” for SG stock which previously was a “a Buy”.
Analyzing SG Stock Performance
During the last five days, there has been a surge of approximately 3.34%. Over the course of the year, Sweetgreen Inc shares have dropped approximately -23.80%. Shares of the company reached a 52-week high of $35.95 on 01/06/25 and a 52-week low of $20.06 on 03/04/25. A 50-day SMA is recorded $27.51, while a 200-day SMA reached $31.99.
Support And Resistance Levels for Sweetgreen Inc (SG)
According to the 24-hour chart, there is a support level at 23.80, which, if violated, would cause prices to drop to 23.17. In the upper region, resistance lies at 24.82. The next price resistance is at 25.21. RSI (Relative Strength Index) is 47.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.35, which suggests the price will decrease in the coming days. Percent R is at 35.64%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
