In a filing, Jefferies Financial Group Inc revealed its President FRIEDMAN BRIAN P unloaded Company’s shares for reported $28.39 million on Nov 06 ’24. In the deal valued at $72.17 per share,393,397 shares were sold. As a result of this transaction, FRIEDMAN BRIAN P now holds 560,507 shares worth roughly $30.03 million.
Then, HANDLER RICHARD B sold 400,000 shares, generating $28,902,360 in total proceeds. Upon selling the shares at $72.26, the CEO now owns 14,971,288 shares.
Before that, FRIEDMAN BRIAN P bought 393,397 shares. Jefferies Financial Group Inc shares valued at $25,169,540 were divested by the Executive Officer & Director at a price of $63.98 per share.
Oppenheimer downgraded its Jefferies Financial Group Inc [JEF] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early December from “an Equal-weight” to “an Overweight”. UBS began covering JEF with “Buy” recommendation on September 17, 2024. Goldman revised its rating on August 22, 2023. It rated JEF as “a Buy” which previously was an “a Neutral”.
Price Performance Review of JEF
On Monday, Jefferies Financial Group Inc [NYSE:JEF] saw its stock jump 2.59% to $53.57. Over the last five days, the stock has lost -13.83%. Jefferies Financial Group Inc shares have fallen nearly -31.67% since the year began. Nevertheless, the stocks have risen 16.13% over the past one year. While a 52-week high of $82.68 was reached on 01/06/25, a 52-week low of $40.72 was recorded on 03/31/25. SMA at 50 days reached $66.18, while 200 days put it at $64.30.
Levels Of Support And Resistance For JEF Stock
The 24-hour chart illustrates a support level at 51.56, which if violated will result in even more drops to 49.55. On the upside, there is a resistance level at 54.69. A further resistance level may holdings at 55.81. The Relative Strength Index (RSI) on the 14-day chart is 34.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.98%. Stochastics %K at 14.81% indicates the stock is a buying.
How much short interest is there in Jefferies Financial Group Inc?
A steep rise in short interest was recorded in Jefferies Financial Group Inc stocks on 2025-03-14, dropping by -0.59 million shares to a total of 2.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.82 million shares. There was a decline of -26.59%, which implies that there is a negative sentiment for the stock.
