Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Macy’s Inc shares valued at $59,602 were sold by Spring Antony on Mar 26 ’25. At $13.28 per share, Spring Antony sold 4,488 shares. The insider’s holdings dropped to 280,365 shares worth approximately $3.72 million following the completion of this transaction.
Also, Spring Antony sold 3,124 shares, netting a total of over 42,917 in proceeds. Following the sale of shares at $13.74 each, the insider now holds 272,680 shares.
Before that, Mitchell Adrian V had sold 4,438 shares from its account. In a trade valued at $58,925, the EVP, COO & CFO traded Macy’s Inc shares for $13.28 each. Upon closing the transaction, the insider’s holdings decreased to 4,438 shares, worth approximately $1.63 million.
As published in a research note from Telsey Advisory Group on March 07, 2025, Macy’s Inc [M] has been retained to a Market perform and the price target has been revised to $15. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early March. As of March 06, 2025, Gordon Haskett has decreased its “Accumulate” rating to a “Hold” for M. Earlier on February 13, 2025, Gordon Haskett downgraded its rating. Their new recommendation was “a Accumulate” for M stock which previously was a “a Buy”.
Analyzing M Stock Performance
During the last five days, there has been a drop of approximately -2.71%. Over the course of the year, Macy’s Inc shares have dropped approximately -21.62%. Shares of the company reached a 52-week high of $17.33 on 01/06/25 and a 52-week low of $12.60 on 03/06/25. A 50-day SMA is recorded $14.39, while a 200-day SMA reached $15.86.
Support And Resistance Levels for Macy’s Inc (M)
According to the 24-hour chart, there is a support level at 13.04, which, if violated, would cause prices to drop to 12.82. In the upper region, resistance lies at 13.57. The next price resistance is at 13.87. RSI (Relative Strength Index) is 42.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.04, which suggests the price will decrease in the coming days. Percent R is at 78.91%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
