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Ross Stores, Inc (ROST) rating reiterates by Telsey Advisory Group

Ross Stores, Inc’s filing revealed that its Officer MICHAEL HARTSHORN acquired Company’s shares for reported $1.32 million on Mar 25 ’25. In the deal valued at $129.10 per share,10,258 shares were bought.

Then, MICHAEL HARTSHORN bought 7,492 shares, generating $956,661 in total proceeds.

Before that, Fleming Karen sold 5,339 shares. Ross Stores, Inc shares valued at $671,272 were divested by the PRES, CMO ROSS DRESS FOR LESS at a price of $125.73 per share. As a result of the transaction, Fleming Karen now holds 94,063 shares, worth roughly $12.05 million.

Telsey Advisory Group reiterated its Ross Stores, Inc [ROST] rating to a Market perform in a research note published on March 05, 2025; the price target was $150. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “an Equal-weight”. Wells Fargo also remained covering ROST and has decreased its forecast on January 10, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. Bernstein revised its rating on January 07, 2025. It rated ROST as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of ROST

On Tuesday, Ross Stores, Inc [NASDAQ:ROST] saw its stock fall -0.81% to $128.13. Over the last five days, the stock has gained 3.57%. Ross Stores, Inc shares have fallen nearly -15.30% since the year began. Nevertheless, the stocks have fallen -12.95% over the past one year. While a 52-week high of $163.60 was reached on 01/06/25, a 52-week low of $122.36 was recorded on 03/21/25. SMA at 50 days reached $139.35, while 200 days put it at $145.43.

Levels Of Support And Resistance For ROST Stock

The 24-hour chart illustrates a support level at 127.01, which if violated will result in even more drops to 125.89. On the upside, there is a resistance level at 129.46. A further resistance level may holdings at 130.79. The Relative Strength Index (RSI) on the 14-day chart is 42.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.32%. Stochastics %K at 23.61% indicates the stock is a holding.

How much short interest is there in Ross Stores, Inc?

A steep rise in short interest was recorded in Ross Stores, Inc stocks on 2025-03-14, dropping by -0.22 million shares to a total of 4.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.16 million shares. There was a decline of -4.53%, which implies that there is a negative sentiment for the stock.

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