Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Shutterstock Inc shares valued at $190,838 were purchased by Bigley Deirdre Mary on Aug 19 ’24. At $35.98 per share, Bigley Deirdre Mary acquired 5,304 shares.
Also, Hennessy Paul J. purchased 12,500 shares, netting a total of over 479,700 in proceeds. Following the buying of shares at $38.38 each, the insider now holds 87,803 shares.
Before that, Yahes Jarrod had added 5,350 shares to its account. In a trade valued at $199,822, the CHIEF FINANCIAL OFFICER bought Shutterstock Inc shares for $37.35 each. Upon closing the transaction, the insider’s holdings increased to 5,350 shares, worth approximately $0.71 million.
As published in a research note from Needham on March 07, 2025, Shutterstock Inc [SSTK] has been retained to a Buy and the price target has been revised to $30. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late February.
Analyzing SSTK Stock Performance
During the last five days, there has been a surge of approximately 5.76%. Over the course of the year, Shutterstock Inc shares have dropped approximately -46.72%. Shares of the company reached a 52-week high of $38.80 on 01/07/25 and a 52-week low of $14.35 on 04/04/25. A 50-day SMA is recorded $20.11, while a 200-day SMA reached $30.10.
Support And Resistance Levels for Shutterstock Inc (SSTK)
According to the 24-hour chart, there is a support level at 15.76, which, if violated, would cause prices to drop to 15.35. In the upper region, resistance lies at 16.87. The next price resistance is at 17.57. RSI (Relative Strength Index) is 40.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.55, which suggests the price will decrease in the coming days. Percent R is at 35.69%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
