Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Scotts Miracle-Gro Company shares valued at $4,194,192 were sold by Hagedorn Partnership, L.P. on Feb 13 ’25. At $66.70 per share, Hagedorn Partnership, L.P. sold 62,877 shares. The insider’s holdings dropped to 13,369,274 shares worth approximately $765.39 million following the completion of this transaction.
Also, Sandoval Brian E sold 1,513 shares, netting a total of over 99,646 in proceeds. Following the sale of shares at $65.86 each, the insider now holds 13,039 shares.
Before that, Sandoval Brian E had added 1,513 shares to its account. In a trade valued at $99,645, the Director bought Scotts Miracle-Gro Company shares for $65.86 each.
As published in a research note from Stifel on March 04, 2025, Scotts Miracle-Gro Company [SMG] has been rated up from a Hold to a Buy and the price target has been revised to $70 from $78. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in early December. As of April 05, 2024, Truist has decreased its “Buy” rating to a “Hold” for SMG. Earlier on March 25, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for SMG stock which previously was a “a Strong buy”.
Analyzing SMG Stock Performance
During the last five days, there has been a drop of approximately -3.49%. Over the course of the year, Scotts Miracle-Gro Company shares have dropped approximately -13.70%. Shares of the company reached a 52-week high of $79.11 on 01/29/25 and a 52-week low of $55.68 on 03/03/25. A 50-day SMA is recorded $64.64, while a 200-day SMA reached $71.28.
Support And Resistance Levels for Scotts Miracle-Gro Company (SMG)
According to the 24-hour chart, there is a support level at 56.65, which, if violated, would cause prices to drop to 56.05. In the upper region, resistance lies at 57.70. The next price resistance is at 58.15. RSI (Relative Strength Index) is 35.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.56, which suggests the price will decrease in the coming days. Percent R is at 89.11%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
