Tanger Inc’s filing revealed that its EVP, Chief Operating Officer Swanson Gallardo Leslie unloaded Company’s shares for reported $0.4 million on Mar 11 ’25. In the deal valued at $32.38 per share,12,500 shares were sold. As a result of this transaction, Swanson Gallardo Leslie now holds 113,158 shares worth roughly $3.55 million.
Then, LESLIE A SWANSON GALLARDO bought 12,500 shares, generating $404,696 in total proceeds.
Before that, SKERRITT SUSAN E sold 9,844 shares. Tanger Inc shares valued at $342,473 were divested by the Director at a price of $34.79 per share. As a result of the transaction, SKERRITT SUSAN E now holds 44,091 shares, worth roughly $1.38 million.
Goldman upgraded its Tanger Inc [SKT] rating to a Buy from a a Neutral in a research note published on March 28, 2025; the price target was increased to $40 from $39. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in late January with a ‘”a Market perform”‘ rating. Deutsche Bank began covering SKT with “Hold” recommendation on December 17, 2024. BofA Securities revised its rating on November 11, 2024. It rated SKT as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SKT
On Tuesday, Tanger Inc [NYSE:SKT] saw its stock fall -2.76% to $31.40. Over the last five days, the stock has lost -0.92%. Tanger Inc shares have fallen nearly -8.00% since the year began. Nevertheless, the stocks have risen 9.52% over the past one year. While a 52-week high of $37.57 was reached on 02/20/25, a 52-week low of $25.94 was recorded on 04/09/25. SMA at 50 days reached $33.02, while 200 days put it at $32.69.
Levels Of Support And Resistance For SKT Stock
The 24-hour chart illustrates a support level at 31.08, which if violated will result in even more drops to 30.77. On the upside, there is a resistance level at 31.92. A further resistance level may holdings at 32.45. The Relative Strength Index (RSI) on the 14-day chart is 45.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.88%. Stochastics %K at 72.89% indicates the stock is a holding.
How much short interest is there in Tanger Inc?
A steep rise in short interest was recorded in Tanger Inc stocks on 2025-04-15, growing by 0.5 million shares to a total of 4.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 4.31 million shares. There was a rise of 10.3%, which implies that there is a positive sentiment for the stock.
