Jefferies Financial Group Inc’s filing revealed that 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 $23.62 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.
Morgan Stanley downgraded its Jefferies Financial Group Inc [JEF] rating to an Equal-weight from a an Overweight in a research note published on April 07, 2025; the price target was decreased to $41 from $75. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in mid March from “an Outperform” to “a Perform”. Morgan Stanley also remained covering JEF and has increased its forecast on December 09, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. UBS started covering the stock on September 17, 2024. It rated JEF as “a Buy”.
Price Performance Review of JEF
On Monday, Jefferies Financial Group Inc [NYSE:JEF] saw its stock fall -2.32% to $42.14. Over the last five days, the stock has lost -21.34%. Jefferies Financial Group Inc shares have fallen nearly -46.25% since the year began. Nevertheless, the stocks have fallen -3.64% 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 04/07/25. SMA at 50 days reached $63.37, while 200 days put it at $64.39.
Levels Of Support And Resistance For JEF Stock
The 24-hour chart illustrates a support level at 39.56, which if violated will result in even more drops to 36.97. On the upside, there is a resistance level at 44.45. A further resistance level may holdings at 46.75. The Relative Strength Index (RSI) on the 14-day chart is 23.02, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.81%. Stochastics %K at 6.82% 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.
