The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Macy’s Inc shares valued at $6,303 were sold by Griscom Paul on Apr 01 ’25. At $12.89 per share, Griscom Paul sold 489 shares. The insider’s holdings dropped to 36,222 shares worth approximately $0.41 million following the completion of this transaction.
Also, Kirgan Danielle L. sold 4,522 shares, netting a total of over 58,256 in proceeds. Following the sale of shares at $12.88 each, the insider now holds 386,161 shares.
Before that, Mitchell Adrian V had sold 101,633 shares from its account. In a trade valued at $1,309,033, the EVP, COO & CFO traded Macy’s Inc shares for $12.88 each. Upon closing the transaction, the insider’s holdings decreased to 101,633 shares, worth approximately $2.7 million.
As published in a research note from Telsey Advisory Group on March 07, 2025, Macy’s Inc [M] has been retained to a Market perform and the price target has been revised to $15. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early March. As of March 06, 2025, Gordon Haskett has decreased its “Accumulate” rating to a “Hold” for M. Earlier on February 13, 2025, Gordon Haskett downgraded its rating. Their new recommendation was “a Accumulate” for M stock which previously was a “a Buy”.
Analyzing M Stock Performance
During the last five days, there has been a surge of approximately 0.35%. Over the course of the year, Macy’s Inc shares have dropped approximately -32.37%. Shares of the company reached a 52-week high of $17.33 on 01/06/25 and a 52-week low of $9.76 on 04/08/25. A 50-day SMA is recorded $13.80, while a 200-day SMA reached $15.50.
Support And Resistance Levels for Macy’s Inc (M)
According to the 24-hour chart, there is a support level at 10.97, which, if violated, would cause prices to drop to 10.49. In the upper region, resistance lies at 11.91. The next price resistance is at 12.38. RSI (Relative Strength Index) is 40.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.20, which suggests the price will decrease in the coming days. Percent R is at 59.67%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
