Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Steven Madden Ltd shares valued at $25,169 were sold by Davis Peter Allan on Mar 11 ’25. At $26.98 per share, Davis Peter Allan sold 933 shares. The insider’s holdings dropped to 6,824 shares worth approximately $0.14 million following the completion of this transaction.
Also, peter davis purchased 933 shares, netting a total of over 25,169 in proceeds.
Before that, Davis Peter Allan had sold 500 shares from its account. In a trade valued at $22,696, the Director traded Steven Madden Ltd shares for $45.39 each. Upon closing the transaction, the insider’s holdings decreased to 500 shares, worth approximately $0.16 million.
As published in a research note from Telsey Advisory Group on February 27, 2025, Steven Madden Ltd [SHOO] has been retained to a Market perform and the price target has been revised to $38. Analysts at Needham started covering the stock with ‘”a Hold”‘ outlook in a report released in late November. Earlier on August 01, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “a Market perform” for SHOO stock.
Analyzing SHOO Stock Performance
During the last five days, there has been a drop of approximately -10.44%. Over the course of the year, Steven Madden Ltd shares have dropped approximately -50.19%. Shares of the company reached a 52-week high of $43.50 on 01/02/25 and a 52-week low of $19.05 on 04/09/25. A 50-day SMA is recorded $31.10, while a 200-day SMA reached $40.97.
Support And Resistance Levels for Steven Madden Ltd (SHOO)
According to the 24-hour chart, there is a support level at 20.46, which, if violated, would cause prices to drop to 19.73. In the upper region, resistance lies at 21.81. The next price resistance is at 22.43. RSI (Relative Strength Index) is 31.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.99, which suggests the price will decrease in the coming days. Percent R is at 77.34%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
