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. Macerich Co shares valued at $114,800 were purchased by Murphy Devin Ignatius on Mar 14 ’25. At $16.40 per share, Murphy Devin Ignatius acquired 7,000 shares. The insider’s holdings grew to 9,118 shares worth approximately $0.13 million following the completion of this transaction.
Also, Hsieh Jackson purchased 56,000 shares, netting a total of over 993,832 in proceeds. Following the buying of shares at $17.75 each, the insider now holds 226,500 shares.
Before that, Stephen Andrea M had sold 63,289 shares from its account. In a trade valued at $1,303,121, the Director traded Macerich Co shares for $20.59 each. Upon closing the transaction, the insider’s holdings decreased to 63,289 shares, worth approximately $0.0.
As published in a research note from Truist on April 10, 2025, Macerich Co [MAC] has been rated up from a Hold to a Buy. Analysts at Morgan Stanley upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid January. As of January 02, 2025, Jefferies has increased its “Hold” rating to a “Buy” for MAC. Earlier on December 17, 2024, Scotiabank upgraded its rating. Their new recommendation was “a Sector perform” for MAC stock which previously was a “a Sector underperform”.
Analyzing MAC Stock Performance
During the last five days, there has been a surge of approximately 3.02%. Over the course of the year, Macerich Co shares have dropped approximately -26.36%. Shares of the company reached a 52-week high of $21.12 on 01/30/25 and a 52-week low of $12.48 on 04/09/25. A 50-day SMA is recorded $17.00, while a 200-day SMA reached $17.91.
Support And Resistance Levels for Macerich Co (MAC)
According to the 24-hour chart, there is a support level at 14.39, which, if violated, would cause prices to drop to 14.10. In the upper region, resistance lies at 14.84. The next price resistance is at 15.01. RSI (Relative Strength Index) is 43.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.16, which suggests the price will decrease in the coming days. Percent R is at 21.22%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
