Gap, Inc’s filing revealed that its President & CEO, Old Navy Barbeito Horacio unloaded Company’s shares for reported $0.82 million on Mar 21 ’25. In the deal valued at $20.07 per share,40,764 shares were sold. As a result of this transaction, Barbeito Horacio now holds 308 shares worth roughly $6640.48.
Then, O’Connell Katrina sold 8,503 shares, generating $165,550 in total proceeds. Upon selling the shares at $19.47, the Chief Financial Officer now owns 0 shares.
Before that, Gilligan Sarah sold 3,644 shares. Gap, Inc shares valued at $70,953 were divested by the Chief Sup Chn & Transform Ofcr at a price of $19.47 per share. As a result of the transaction, Gilligan Sarah now holds 0 shares, worth roughly $0.0.
Argus upgraded its Gap, Inc [GAP] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early January from “a Sell” to “a Neutral”. JP Morgan also remained covering GAP and has increased its forecast on December 02, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Telsey Advisory Group maintained its rating on August 30, 2024. It rated GAP as “a Market perform”.
Price Performance Review of GAP
On Tuesday, Gap, Inc [NYSE:GAP] saw its stock fall -0.51% to $21.56. Over the last five days, the stock has gained 11.59%. Gap, Inc shares have fallen nearly -8.76% since the year began. Nevertheless, the stocks have fallen -24.30% over the past one year. While a 52-week high of $30.75 was reached on 01/23/25, a 52-week low of $18.54 was recorded on 03/05/25. SMA at 50 days reached $22.44, while 200 days put it at $22.75.
Levels Of Support And Resistance For GAP Stock
The 24-hour chart illustrates a support level at 21.12, which if violated will result in even more drops to 20.67. On the upside, there is a resistance level at 22.10. A further resistance level may holdings at 22.63. The Relative Strength Index (RSI) on the 14-day chart is 50.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.17%. Stochastics %K at 51.12% indicates the stock is a holding.
How much short interest is there in Gap, Inc?
A steep rise in short interest was recorded in Gap, Inc stocks on 2025-03-14, dropping by -3.37 million shares to a total of 24.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 28.12 million shares. There was a decline of -13.63%, which implies that there is a negative sentiment for the stock.
