In a filing, Macy’s Inc revealed its Chairman & CEO Spring Antony unloaded Company’s shares for reported $0.26 million on Mar 31 ’25. In the deal valued at $12.68 per share,20,868 shares were sold. As a result of this transaction, Spring Antony now holds 321,244 shares worth roughly $4.03 million.
Then, Spring Antony sold 4,582 shares, generating $58,522 in total proceeds. Upon selling the shares at $12.77, the Chairman & CEO now owns 288,961 shares.
Before that, Preston Tracy M sold 2,780 shares. Macy’s Inc shares valued at $35,254 were divested by the EVP, CLO & Corporate Secretary at a price of $12.68 per share. As a result of the transaction, Preston Tracy M now holds 4,723 shares, worth roughly $59320.880000000005.
Telsey Advisory Group reiterated its Macy’s Inc [M] rating to a Market perform in a research note published on March 07, 2025; the price target was $15. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early March from “an Overweight” to “a Neutral”. Gordon Haskett also remained covering M and has decreased its forecast on March 06, 2025 with a “Hold” recommendation from previously “Accumulate” rating. Gordon Haskett revised its rating on February 13, 2025. It rated M as “a Accumulate” which previously was an “a Buy”.
Price Performance Review of M
On Monday, Macy’s Inc [NYSE:M] saw its stock fall -1.95% to $12.56. Over the last five days, the stock has lost -9.90%. Macy’s Inc shares have fallen nearly -25.81% since the year began. Nevertheless, the stocks have fallen -36.73% over the past one year. While a 52-week high of $20.70 was reached on 01/06/25, a 52-week low of $12.60 was recorded on 03/31/25. SMA at 50 days reached $14.33, while 200 days put it at $15.78.
Levels Of Support And Resistance For M Stock
The 24-hour chart illustrates a support level at 12.42, which if violated will result in even more drops to 12.28. On the upside, there is a resistance level at 12.76. A further resistance level may holdings at 12.96. The Relative Strength Index (RSI) on the 14-day chart is 35.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.97%. Stochastics %K at 9.56% indicates the stock is a buying.
How much short interest is there in Macy’s Inc?
A steep rise in short interest was recorded in Macy’s Inc stocks on 2025-03-14, growing by 2.41 million shares to a total of 18.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 16.37 million shares. There was a rise of 12.82%, which implies that there is a positive sentiment for the stock.
