McDonald’s Corp’s filing revealed that its EVP – Chief People Officer Boyd Tiffanie L. unloaded Company’s shares for reported $0.31 million on Feb 27 ’25. In the deal valued at $309.27 per share,1,000 shares were sold. As a result of this transaction, Boyd Tiffanie L. now holds 5,564 shares worth roughly $1.7 million.
Then, Steijaert Manuel JM sold 10,459 shares, generating $3,228,798 in total proceeds. Upon selling the shares at $308.71, the EVP – Chief Customer Officer now owns 4,606 shares.
Before that, Erlinger Joseph M. sold 939 shares. McDonald’s Corp shares valued at $286,395 were divested by the President, McDonald’s USA at a price of $305.00 per share. As a result of the transaction, Erlinger Joseph M. now holds 13,978 shares, worth roughly $4.27 million.
Citigroup upgraded its McDonald’s Corp [MCD] rating to a Buy from a a Neutral in a research note published on January 10, 2025; the price target was increased to $334 from $311. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in late October from “an Outperform” to “a Neutral”. Guggenheim also remained covering MCD and has decreased its forecast on October 23, 2024 with a “Neutral” recommendation from previously “Buy” rating. Truist maintained its rating on October 15, 2024. It rated MCD as “a Buy”.
Price Performance Review of MCD
On Friday, McDonald’s Corp [NYSE:MCD] saw its stock fall -0.51% to $305.44. Over the last five days, the stock has gained 1.87%. McDonald’s Corp shares have risen nearly 5.36% since the year began. Nevertheless, the stocks have risen 7.98% over the past one year. While a 52-week high of $326.32 was reached on 03/10/25, a 52-week low of $243.53 was recorded on 01/16/25. SMA at 50 days reached $298.38, while 200 days put it at $287.14.
Levels Of Support And Resistance For MCD Stock
The 24-hour chart illustrates a support level at 302.39, which if violated will result in even more drops to 299.33. On the upside, there is a resistance level at 307.75. A further resistance level may holdings at 310.05. The Relative Strength Index (RSI) on the 14-day chart is 51.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.21%. Stochastics %K at 35.10% indicates the stock is a holding.
How much short interest is there in McDonald’s Corp?
A steep rise in short interest was recorded in McDonald’s Corp stocks on 2025-02-28, growing by 3.13 million shares to a total of 11.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.91 million shares. There was a rise of 28.33%, which implies that there is a positive sentiment for the stock.
