Macy’s Inc’s filing revealed that its SVP and Controller Griscom Paul unloaded Company’s shares for reported $6303.0 on Apr 01 ’25. In the deal valued at $12.89 per share,489 shares were sold. As a result of this transaction, Griscom Paul now holds 36,222 shares worth roughly $0.41 million.
Then, Kirgan Danielle L. sold 4,522 shares, generating $58,256 in total proceeds. Upon selling the shares at $12.88, the EVP, Chief HR Officer now owns 386,161 shares.
Before that, Mitchell Adrian V sold 101,633 shares. Macy’s Inc shares valued at $1,309,033 were divested by the EVP, COO & CFO at a price of $12.88 per share. As a result of the transaction, Mitchell Adrian V now holds 236,201 shares, worth roughly $2.67 million.
Telsey Advisory Group reiterated its Macy’s Inc [M] rating to a Market perform in a research note published on March 07, 2025; the price target was $15. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early March from “an Overweight” to “a Neutral”. Gordon Haskett also remained covering M and has decreased its forecast on March 06, 2025 with a “Hold” recommendation from previously “Accumulate” rating. Gordon Haskett revised its rating on February 13, 2025. It rated M as “a Accumulate” which previously was an “a Buy”.
Price Performance Review of M
On Monday, Macy’s Inc [NYSE:M] saw its stock fall -0.44% to $11.32. Over the last five days, the stock has gained 4.33%. Macy’s Inc shares have fallen nearly -33.14% since the year began. Nevertheless, the stocks have fallen -43.20% over the past one year. While a 52-week high of $20.70 was reached on 01/06/25, a 52-week low of $9.76 was recorded on 04/08/25. SMA at 50 days reached $13.62, while 200 days put it at $15.42.
Levels Of Support And Resistance For M Stock
The 24-hour chart illustrates a support level at 11.10, which if violated will result in even more drops to 10.88. On the upside, there is a resistance level at 11.60. A further resistance level may holdings at 11.87. The Relative Strength Index (RSI) on the 14-day chart is 39.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.80%. Stochastics %K at 39.65% indicates the stock is a holding.
How much short interest is there in Macy’s Inc?
A steep rise in short interest was recorded in Macy’s Inc stocks on 2025-03-31, growing by 0.44 million shares to a total of 17.29 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 16.86 million shares. There was a rise of 2.53%, which implies that there is a positive sentiment for the stock.
