KD Logo

Simon Property Group, Inc [SPG] Insider Activity: An Update for Investors

Simon Property Group, Inc’s filing revealed that its Director Jones Nina P acquired Company’s shares for reported $3626.0 on Mar 31 ’25. In the deal valued at $164.80 per share,22 shares were bought. As a result of this transaction, Jones Nina P now holds 1,763 shares worth roughly $0.26 million.

Then, LEWIS RANDALL J bought 42 shares, generating $6,922 in total proceeds. Upon buying the shares at $164.80, the Director now owns 3,367 shares.

Before that, Roe Peggy Fang bought 67 shares. Simon Property Group, Inc shares valued at $11,042 were divested by the Director at a price of $164.80 per share. As a result of the transaction, Roe Peggy Fang now holds 5,419 shares, worth roughly $0.79 million.

Piper Sandler upgraded its Simon Property Group, Inc [SPG] rating to an Overweight from a a Neutral in a research note published on February 05, 2025; the price target was increased to $205 from $175. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Deutsche Bank began covering SPG with “Hold” recommendation on December 17, 2024. Evercore ISI revised its rating on September 16, 2024. It rated SPG as “an Outperform” which previously was an “an In-line”.

Price Performance Review of SPG

On Friday, Simon Property Group, Inc [NYSE:SPG] saw its stock fall -4.65% to $146.05. Over the last five days, the stock has lost -11.10%. Simon Property Group, Inc shares have fallen nearly -15.19% since the year began. Nevertheless, the stocks have fallen -2.45% over the past one year. While a 52-week high of $190.13 was reached on 03/03/25, a 52-week low of $139.22 was recorded on 04/04/25. SMA at 50 days reached $173.82, while 200 days put it at $168.38.

Levels Of Support And Resistance For SPG Stock

The 24-hour chart illustrates a support level at 142.30, which if violated will result in even more drops to 138.54. On the upside, there is a resistance level at 150.26. A further resistance level may holdings at 154.46. The Relative Strength Index (RSI) on the 14-day chart is 28.09, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.26%. Stochastics %K at 38.29% indicates the stock is a holding.

How much short interest is there in Simon Property Group, Inc?

A steep rise in short interest was recorded in Simon Property Group, Inc stocks on 2025-03-14, dropping by -0.38 million shares to a total of 5.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.58 million shares. There was a decline of -7.32%, which implies that there is a negative sentiment for the stock.

Most Popular