General Mills, Inc’s recently made public that its Chairman of the Board & CEO HARMENING JEFFREY L unloaded Company’s shares for reported $0.74 million on Mar 07 ’25. In the deal valued at $65.00 per share,11,379 shares were sold. As a result of this transaction, HARMENING JEFFREY L now holds 353,346 shares worth roughly $20.55 million.
Then, JEFFREY HARMENING bought 11,379 shares, generating $739,635 in total proceeds.
Before that, Gallagher Paul Joseph sold 1,041 shares. General Mills, Inc shares valued at $67,144 were divested by the Chief Supply Chain Officer at a price of $64.50 per share. As a result of the transaction, Gallagher Paul Joseph now holds 42,117 shares, worth roughly $2.45 million.
Morgan Stanley initiated its General Mills, Inc [GIS] rating to an Underweight in a research note published on March 24, 2025; the price target was $53. A number of analysts have revised their coverage, including Jefferies’s analysts, who remained covering the stock and in early March has reiterated a ‘”a Hold”‘ rating for it. TD Cowen also remained covering GIS and reiterated its “Hold” recommendation on December 19, 2024. BofA Securities revised its rating on December 13, 2024. It rated GIS as “a Buy” which previously was an “a Neutral”.
Price Performance Review of GIS
On Monday, General Mills, Inc [NYSE:GIS] saw its stock fall -0.80% to $58.17. Over the last five days, the stock has lost -4.55%. General Mills, Inc shares have fallen nearly -8.78% since the year began. Nevertheless, the stocks have fallen -16.22% over the past one year. While a 52-week high of $75.90 was reached on 03/10/25, a 52-week low of $55.15 was recorded on 02/18/25. SMA at 50 days reached $59.96, while 200 days put it at $65.81.
Levels Of Support And Resistance For GIS Stock
The 24-hour chart illustrates a support level at 57.60, which if violated will result in even more drops to 57.04. On the upside, there is a resistance level at 58.91. A further resistance level may holdings at 59.66. The Relative Strength Index (RSI) on the 14-day chart is 41.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.92%. Stochastics %K at 4.81% indicates the stock is a buying.
How much short interest is there in General Mills, Inc?
A steep rise in short interest was recorded in General Mills, Inc stocks on 2025-02-28, growing by 3.84 million shares to a total of 26.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 22.42 million shares. There was a rise of 14.64%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 12, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $76 price target.
