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Kroger Co (KR) receives a Sell rating from Melius

In a filing, Kroger Co revealed its Executive Vice President Wheatley Christine S unloaded Company’s shares for reported $2.08 million on Apr 04 ’25. In the deal valued at $69.44 per share,30,000 shares were sold. As a result of this transaction, Wheatley Christine S now holds 127,737 shares worth roughly $8.82 million.

Then, FIKE CARIN L sold 5,541 shares, generating $392,258 in total proceeds. Upon selling the shares at $70.79, the Vice President and Treasurer now owns 3,480 shares.

Before that, MCMULLEN W RODNEY bought 283,461 shares. Kroger Co shares valued at $19,934,145 were divested by the Former Officer & Director at a price of $70.32 per share.

Melius downgraded its Kroger Co [KR] rating to a Sell from a a Hold in a research note published recently. Jefferies revised its rating on December 03, 2024. It rated KR as “a Buy” which previously was an “a Hold”.

Price Performance Review of KR

On Monday, Kroger Co [NYSE:KR] saw its stock jump 1.26% to $69.08. Over the last five days, the stock has gained 3.94%. Kroger Co shares have risen nearly 12.97% since the year began. Nevertheless, the stocks have risen 23.03% over the past one year. While a 52-week high of $71.93 was reached on 04/04/25, a 52-week low of $49.04 was recorded on 01/17/25. SMA at 50 days reached $65.67, while 200 days put it at $58.83.

Levels Of Support And Resistance For KR Stock

The 24-hour chart illustrates a support level at 68.02, which if violated will result in even more drops to 66.96. On the upside, there is a resistance level at 69.77. A further resistance level may holdings at 70.46. The Relative Strength Index (RSI) on the 14-day chart is 59.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.15%. Stochastics %K at 53.66% indicates the stock is a holding.

How much short interest is there in Kroger Co?

A steep rise in short interest was recorded in Kroger Co stocks on 2025-03-31, dropping by -3.18 million shares to a total of 34.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 38.07 million shares. There was a decline of -9.11%, which implies that there is a negative sentiment for the stock.

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