Skechers U S A, Inc’s recently made public that its Officer MARK A. NASON acquired Company’s shares for reported $0.5 million on Mar 24 ’25. In the deal valued at $57.54 per share,8,630 shares were bought.
Then, PHILIP PACCIONE bought 10,994 shares, generating $622,619 in total proceeds.
Before that, PACCIONE PHILLIP sold 10,994 shares. Skechers U S A, Inc shares valued at $622,590 were divested by the General Counsel & Secretary at a price of $56.63 per share. As a result of the transaction, PACCIONE PHILLIP now holds 15,000 shares, worth roughly $0.72 million.
Monness Crespi & Hardt reiterated its Skechers U S A, Inc [SKX] rating to a Buy in a research note published on April 25, 2025; the price target was $70. Needham began covering SKX with “Hold” recommendation on November 22, 2024. Morgan Stanley revised its rating on July 23, 2024. It rated SKX as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of SKX
On Friday, Skechers U S A, Inc [NYSE:SKX] saw its stock fall -5.35% to $47.79. Over the last five days, the stock has gained 0.34%. Skechers U S A, Inc shares have fallen nearly -28.93% since the year began. Nevertheless, the stocks have fallen -19.87% over the past one year. While a 52-week high of $78.85 was reached on 01/30/25, a 52-week low of $44.50 was recorded on 04/08/25. SMA at 50 days reached $55.85, while 200 days put it at $63.71.
Levels Of Support And Resistance For SKX Stock
The 24-hour chart illustrates a support level at 46.56, which if violated will result in even more drops to 45.32. On the upside, there is a resistance level at 49.16. A further resistance level may holdings at 50.52. The Relative Strength Index (RSI) on the 14-day chart is 40.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.86%. Stochastics %K at 56.14% indicates the stock is a holding.
How much short interest is there in Skechers U S A, Inc?
A steep rise in short interest was recorded in Skechers U S A, Inc stocks on 2025-04-15, dropping by -2.08 million shares to a total of 5.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 7.73 million shares. There was a decline of -36.85%, which implies that there is a negative sentiment for the stock.
