Simon Property Group, Inc’s recent filing unveils that its Director Jones Nina P acquired Company’s shares for reported $3626.0 on Mar 31 ’25. In the deal valued at $164.80 per share,22 shares were bought. As a result of this transaction, Jones Nina P now holds 1,763 shares worth roughly $0.26 million.
Then, LEWIS RANDALL J bought 42 shares, generating $6,922 in total proceeds. Upon buying the shares at $164.80, the Director now owns 3,367 shares.
Before that, Roe Peggy Fang bought 67 shares. Simon Property Group, Inc shares valued at $11,042 were divested by the Director at a price of $164.80 per share. As a result of the transaction, Roe Peggy Fang now holds 5,419 shares, worth roughly $0.8 million.
Stifel upgraded its Simon Property Group, Inc [SPG] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early February from “a Neutral” to “an Overweight”. Jefferies also remained covering SPG and has increased its forecast on January 02, 2025 with a “Buy” recommendation from previously “Hold” rating. Deutsche Bank started covering the stock on December 17, 2024. It rated SPG as “a Hold”.
Price Performance Review of SPG
On Friday, Simon Property Group, Inc [NYSE:SPG] saw its stock jump 0.35% to $148.20. Over the last five days, the stock has gained 1.47%. Simon Property Group, Inc shares have fallen nearly -13.94% since the year began. Nevertheless, the stocks have risen 1.84% over the past one year. While a 52-week high of $190.13 was reached on 03/03/25, a 52-week low of $136.34 was recorded on 04/09/25. SMA at 50 days reached $170.96, while 200 days put it at $168.35.
Levels Of Support And Resistance For SPG Stock
The 24-hour chart illustrates a support level at 143.99, which if violated will result in even more drops to 139.79. On the upside, there is a resistance level at 150.71. A further resistance level may holdings at 153.23. The Relative Strength Index (RSI) on the 14-day chart is 38.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.64%. Stochastics %K at 38.67% indicates the stock is a holding.
How much short interest is there in Simon Property Group, Inc?
A steep rise in short interest was recorded in Simon Property Group, Inc stocks on 2025-03-31, growing by 1.2 million shares to a total of 5.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.2 million shares. There was a rise of 22.29%, which implies that there is a positive sentiment for the stock.
