In a filing, Genesco Inc revealed its 10% Owner Fund 1 Investments, LLC unloaded Company’s shares for reported $0.25 million on Mar 28 ’25. In the deal valued at $20.73 per share,12,000 shares were sold. As a result of this transaction, Fund 1 Investments, LLC now holds 1,097,850 shares worth roughly $19.67 million.
Then, SANDFORT GREGORY A bought 10,974 shares, generating $251,524 in total proceeds. Upon buying the shares at $22.92, the Director now owns 26,754 shares.
Before that, GEORGE THOMAS bought 25,184 shares. Genesco Inc shares valued at $1,078,761 were divested by the Retired Officer at a price of $42.84 per share.
B. Riley Securities downgraded its Genesco Inc [GCO] rating to a Neutral from a a Buy in a research note published on March 05, 2024; the price target was decreased to $31 from $43. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Seaport Research Partners also remained covering GCO and has decreased its forecast on December 04, 2023 with a “Neutral” recommendation from previously “Buy” rating. Seaport Research Partners revised its rating on March 28, 2023. It rated GCO as “a Buy” which previously was an “a Neutral”.
Price Performance Review of GCO
On Tuesday, Genesco Inc [NYSE:GCO] saw its stock fall -1.54% to $17.92. Over the last five days, the stock has gained 4.19%. Genesco Inc shares have fallen nearly -58.08% since the year began. Nevertheless, the stocks have fallen -31.31% over the past one year. While a 52-week high of $44.80 was reached on 01/24/25, a 52-week low of $16.19 was recorded on 04/08/25. SMA at 50 days reached $28.38, while 200 days put it at $31.03.
Levels Of Support And Resistance For GCO Stock
The 24-hour chart illustrates a support level at 17.40, which if violated will result in even more drops to 16.89. On the upside, there is a resistance level at 18.57. A further resistance level may holdings at 19.23. The Relative Strength Index (RSI) on the 14-day chart is 34.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.18%. Stochastics %K at 30.74% indicates the stock is a holding.
How much short interest is there in Genesco Inc?
A steep rise in short interest was recorded in Genesco Inc stocks on 2025-03-31, growing by 0.35 million shares to a total of 0.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 0.62 million shares. There was a rise of 35.89%, which implies that there is a positive sentiment for the stock.
