Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Stagwell Inc shares valued at $25,360,000 were sold by Gross Bradley J. on Jun 13 ’24. At $6.34 per share, Gross Bradley J. sold 4,000,000 shares. The insider’s holdings dropped to 12,981,022 shares worth approximately $70.88 million following the completion of this transaction.
Also, GOLDMAN SACHS GROUP INC sold 4,000,000 shares, netting a total of over 25,360,000 in proceeds. Following the sale of shares at $6.34 each, the insider now holds 12,981,022 shares.
As published in a research note from Wells Fargo on February 21, 2025, Stagwell Inc [STGW] has been rated up from an Equal weight to an Overweight and the price target has been revised to $9 from $8. Analysts at Goldman started covering the stock with ‘”a Neutral”‘ outlook in a report released in late June. As of October 06, 2023, Craig Hallum has initiated its “Buy” rating for STGW. Earlier on August 09, 2023, Stephens downgraded its rating. Their new recommendation was “an Equal-weight” for STGW stock which previously was a “an Overweight”.
Analyzing STGW Stock Performance
During the last five days, there has been a surge of approximately 0.74%. Over the course of the year, Stagwell Inc shares have dropped approximately -17.02%. Shares of the company reached a 52-week high of $7.48 on 02/27/25 and a 52-week low of $4.75 on 04/09/25. A 50-day SMA is recorded $5.96, while a 200-day SMA reached $6.65.
Support And Resistance Levels for Stagwell Inc (STGW)
According to the 24-hour chart, there is a support level at 5.32, which, if violated, would cause prices to drop to 5.19. In the upper region, resistance lies at 5.66. The next price resistance is at 5.87. RSI (Relative Strength Index) is 46.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.10, which suggests the price will decrease in the coming days. Percent R is at 34.86%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
