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A company insider recently bought 8,000 shares of ManpowerGroup [MAN]. Should You Buy?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. ManpowerGroup shares valued at $498,240 were purchased by McGinnis John T on Oct 23 ’24. At $62.28 per share, McGinnis John T acquired 8,000 shares. The insider’s holdings grew to 70,639 shares worth approximately $2.99 million following the completion of this transaction.

Also, PAYNE ULICE JR sold 795 shares, netting a total of over 60,682 in proceeds. Following the sale of shares at $76.33 each, the insider now holds 9,957 shares.

As published in a research note from Barclays on April 10, 2025, ManpowerGroup [MAN] has been rated up from an Underweight to an Equal weight and the price target has been revised to $50. Analysts at Exane BNP Paribas upgraded the stock from ‘”an Underperform”‘ to ‘”an Outperform”‘ outlook in a report released in mid June. As of January 08, 2024, William Blair has initiated its “Mkt perform” rating for MAN. Earlier on January 05, 2024, Exane BNP Paribas downgraded its rating. Their new recommendation was “an Underperform” for MAN stock which previously was a “an Outperform”.

Analyzing MAN Stock Performance

During the last five days, there has been a drop of approximately -16.03%. Over the course of the year, ManpowerGroup shares have dropped approximately -26.77%. Shares of the company reached a 52-week high of $63.35 on 03/10/25 and a 52-week low of $39.22 on 04/21/25. A 50-day SMA is recorded $55.18, while a 200-day SMA reached $63.37.

Support And Resistance Levels for ManpowerGroup (MAN)

According to the 24-hour chart, there is a support level at 41.34, which, if violated, would cause prices to drop to 40.42. In the upper region, resistance lies at 43.72. The next price resistance is at 45.18. RSI (Relative Strength Index) is 30.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.61, which suggests the price will decrease in the coming days. Percent R is at 83.30%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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