Stagwell Inc’s recent filing unveils that its Director Gross Bradley J. unloaded Company’s shares for reported $25.36 million on Jun 13 ’24. In the deal valued at $6.34 per share,4,000,000 shares were sold. As a result of this transaction, Gross Bradley J. now holds 12,981,022 shares worth roughly $73.47 million.
Then, GOLDMAN SACHS GROUP INC sold 4,000,000 shares, generating $25,360,000 in total proceeds. Upon selling the shares at $6.34, the 10% Owner now owns 12,981,022 shares.
Wells Fargo upgraded its Stagwell Inc [STGW] rating to an Overweight from a an Equal weight in a research note published on February 21, 2025; the price target was increased to $9 from $8. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. Craig Hallum began covering STGW with “Buy” recommendation on October 06, 2023. Stephens revised its rating on August 09, 2023. It rated STGW as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of STGW
On Tuesday, Stagwell Inc [NASDAQ:STGW] saw its stock jump 1.07% to $5.66. Over the last five days, the stock has gained 3.10%. Stagwell Inc shares have fallen nearly -13.98% since the year began. Nevertheless, the stocks have fallen -6.45% over the past one year. While a 52-week high of $8.18 was reached on 02/27/25, a 52-week low of $4.75 was recorded on 04/09/25. SMA at 50 days reached $5.89, while 200 days put it at $6.63.
Levels Of Support And Resistance For STGW Stock
The 24-hour chart illustrates a support level at 5.57, which if violated will result in even more drops to 5.47. On the upside, there is a resistance level at 5.72. A further resistance level may holdings at 5.78. The Relative Strength Index (RSI) on the 14-day chart is 51.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.14%. Stochastics %K at 88.10% indicates the stock is a selling.
How much short interest is there in Stagwell Inc?
A steep rise in short interest was recorded in Stagwell Inc stocks on 2025-04-15, growing by 0.73 million shares to a total of 3.9 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 3.17 million shares. There was a rise of 18.66%, which implies that there is a positive sentiment for the stock.
