The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Designer Brands Inc shares valued at $72,233 were sold by Turner Mary on Apr 08 ’25. At $2.94 per share, Turner Mary sold 24,543 shares. The insider’s holdings dropped to 15,839 shares worth approximately $42131.740000000005 following the completion of this transaction.
Also, MARY JANE TURNER purchased 24,543 shares, netting a total of over 72,232 in proceeds.
Before that, Fund 1 Investments, LLC had sold 250,000 shares from its account. In a trade valued at $1,348,586, the 10% Owner traded Designer Brands Inc shares for $5.39 each. Upon closing the transaction, the insider’s holdings decreased to 250,000 shares, worth approximately $4.93 million.
As published in a research note from Telsey Advisory Group on March 21, 2025, Designer Brands Inc [DBI] has been retained to a Market perform and the price target has been revised to $5. Analysts at Telsey Advisory Group resumed the stock at ‘”a Market perform”‘ outlook in a report released in mid September. As of June 05, 2024, Telsey Advisory Group has reiterated its “Market perform” rating for DBI. Earlier on December 06, 2023, Telsey Advisory Group resumed its rating. Their recommendation was “a Market perform” for DBI stock.
Analyzing DBI Stock Performance
During the last five days, there has been a drop of approximately -1.12%. Over the course of the year, Designer Brands Inc shares have dropped approximately -50.19%. Shares of the company reached a 52-week high of $6.15 on 01/15/25 and a 52-week low of $2.43 on 04/21/25. A 50-day SMA is recorded $3.77, while a 200-day SMA reached $5.54.
Support And Resistance Levels for Designer Brands Inc (DBI)
According to the 24-hour chart, there is a support level at 2.56, which, if violated, would cause prices to drop to 2.47. In the upper region, resistance lies at 2.82. The next price resistance is at 2.99. RSI (Relative Strength Index) is 36.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.14, which suggests the price will decrease in the coming days. Percent R is at 80.18%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
