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Sweetgreen Inc (SG) may enjoy gains as insiders got busy in the recent days

Sweetgreen Inc’s filing revealed that its Director Ru Nathaniel unloaded Company’s shares for reported $50527.0 on Mar 17 ’25. In the deal valued at $23.80 per share,2,123 shares were sold. As a result of this transaction, Ru Nathaniel now holds 1,785,099 shares worth roughly $36.09 million.

Then, Jammet Nicolas sold 2,123 shares, generating $50,527 in total proceeds. Upon selling the shares at $23.80, the Chief Concept Officer now owns 1,763,203 shares.

Before that, Williams Rossann sold 4,977 shares. Sweetgreen Inc shares valued at $118,453 were divested by the CHIEF OPERATING OFFICER at a price of $23.80 per share. As a result of the transaction, Williams Rossann now holds 95,516 shares, worth roughly $1.93 million.

Goldman reiterated its Sweetgreen Inc [SG] rating to a Neutral in a research note published on February 27, 2025; the price target was $32. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. KeyBanc Capital Markets began covering SG with “Sector weight” recommendation on December 11, 2024. Goldman revised its rating on November 08, 2024. It rated SG as “a Neutral” which previously was an “a Buy”.

Price Performance Review of SG

On Monday, Sweetgreen Inc [NYSE:SG] saw its stock fall -3.16% to $20.22. Over the last five days, the stock has lost -19.18%. Sweetgreen Inc shares have fallen nearly -36.93% since the year began. Nevertheless, the stocks have fallen -15.68% over the past one year. While a 52-week high of $45.12 was reached on 01/06/25, a 52-week low of $18.62 was recorded on 04/04/25. SMA at 50 days reached $25.79, while 200 days put it at $31.51.

Levels Of Support And Resistance For SG Stock

The 24-hour chart illustrates a support level at 18.72, which if violated will result in even more drops to 17.23. On the upside, there is a resistance level at 22.04. A further resistance level may holdings at 23.87. The Relative Strength Index (RSI) on the 14-day chart is 30.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.24%. Stochastics %K at 22.38% indicates the stock is a holding.

How much short interest is there in Sweetgreen Inc?

A steep rise in short interest was recorded in Sweetgreen Inc stocks on 2025-03-14, growing by 2.69 million shares to a total of 19.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 16.3 million shares. There was a rise of 14.17%, which implies that there is a positive sentiment for the stock.

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