Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Scotts Miracle-Gro Company shares valued at $4,194,192 were sold by Hagedorn Partnership, L.P. on Feb 13 ’25. At $66.70 per share, Hagedorn Partnership, L.P. sold 62,877 shares. The insider’s holdings dropped to 13,369,274 shares worth approximately $674.08 million following the completion of this transaction.
Also, Sandoval Brian E sold 1,513 shares, netting a total of over 99,646 in proceeds. Following the sale of shares at $65.86 each, the insider now holds 13,039 shares.
Before that, Sandoval Brian E had added 1,513 shares to its account. In a trade valued at $99,645, the Director bought Scotts Miracle-Gro Company shares for $65.86 each.
As published in a research note from Jefferies on April 07, 2025, Scotts Miracle-Gro Company [SMG] has been rated up from a Hold to a Buy and the price target has been revised to $69. Analysts at Truist upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early April. As of March 04, 2025, Stifel has increased its “Hold” rating to a “Buy” for SMG. Earlier on December 09, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for SMG stock.
Analyzing SMG Stock Performance
During the last five days, there has been a drop of approximately -5.15%. Over the course of the year, Scotts Miracle-Gro Company shares have dropped approximately -24.00%. Shares of the company reached a 52-week high of $79.11 on 01/29/25 and a 52-week low of $46.45 on 04/09/25. A 50-day SMA is recorded $60.75, while a 200-day SMA reached $70.61.
Support And Resistance Levels for Scotts Miracle-Gro Company (SMG)
According to the 24-hour chart, there is a support level at 48.50, which, if violated, would cause prices to drop to 46.57. In the upper region, resistance lies at 51.87. The next price resistance is at 53.31. RSI (Relative Strength Index) is 36.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.89, which suggests the price will decrease in the coming days. Percent R is at 67.92%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
