ManpowerGroup’s recently made public that its EVP, CFO McGinnis John T acquired Company’s shares for reported $0.5 million on Oct 23 ’24. In the deal valued at $62.28 per share,8,000 shares were bought. As a result of this transaction, McGinnis John T now holds 70,639 shares worth roughly $3.61 million.
Then, PAYNE ULICE JR sold 795 shares, generating $60,682 in total proceeds. Upon selling the shares at $76.33, the Director now owns 9,957 shares.
Barclays upgraded its ManpowerGroup [MAN] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who increased its forecast for the stock in mid June from “an Underperform” to “an Outperform”. William Blair began covering MAN with “Mkt perform” recommendation on January 08, 2024. Exane BNP Paribas revised its rating on January 05, 2024. It rated MAN as “an Underperform” which previously was an “an Outperform”.
Price Performance Review of MAN
On Friday, ManpowerGroup [NYSE:MAN] saw its stock jump 0.69% to $51.10. Over the last five days, the stock has lost -2.09%. ManpowerGroup shares have fallen nearly -11.47% since the year began. Nevertheless, the stocks have fallen -29.87% over the past one year. While a 52-week high of $78.87 was reached on 03/10/25, a 52-week low of $47.29 was recorded on 04/09/25. SMA at 50 days reached $56.96, while 200 days put it at $64.22.
Levels Of Support And Resistance For MAN Stock
The 24-hour chart illustrates a support level at 49.77, which if violated will result in even more drops to 48.43. On the upside, there is a resistance level at 51.78. A further resistance level may holdings at 52.45. The Relative Strength Index (RSI) on the 14-day chart is 37.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.90%. Stochastics %K at 34.97% indicates the stock is a holding.
How much short interest is there in ManpowerGroup?
A steep rise in short interest was recorded in ManpowerGroup stocks on 2025-03-31, dropping by -0.14 million shares to a total of 3.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.19 million shares. There was a decline of -4.54%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 20, 2023 when Redburn began covering the stock and recommended ‘”a Buy”‘ rating along with a $94 price target.
