Gap, Inc’s recently made public that its President & CEO, Old Navy Barbeito Horacio unloaded Company’s shares for reported $0.82 million on Mar 21 ’25. In the deal valued at $20.07 per share,40,764 shares were sold. As a result of this transaction, Barbeito Horacio now holds 308 shares worth roughly $6979.28.
Then, O’Connell Katrina sold 8,503 shares, generating $165,550 in total proceeds. Upon selling the shares at $19.47, the Chief Financial Officer now owns 0 shares.
Before that, Gilligan Sarah sold 3,644 shares. Gap, Inc shares valued at $70,953 were divested by the Chief Sup Chn & Transform Ofcr at a price of $19.47 per share. As a result of the transaction, Gilligan Sarah now holds 0 shares, worth roughly $0.0.
Wells Fargo downgraded its Gap, Inc [GAP] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. UBS also remained covering GAP and has increased its forecast on January 10, 2025 with a “Neutral” recommendation from previously “Sell” rating. JP Morgan revised its rating on December 02, 2024. It rated GAP as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of GAP
On Friday, Gap, Inc [NYSE:GAP] saw its stock fall -1.56% to $22.66. Over the last five days, the stock has lost -1.44%. Gap, Inc shares have fallen nearly -4.10% since the year began. Nevertheless, the stocks have risen 2.49% over the past one year. While a 52-week high of $30.75 was reached on 01/23/25, a 52-week low of $16.99 was recorded on 04/04/25. SMA at 50 days reached $20.69, while 200 days put it at $22.17.
Levels Of Support And Resistance For GAP Stock
The 24-hour chart illustrates a support level at 22.52, which if violated will result in even more drops to 22.38. On the upside, there is a resistance level at 22.90. A further resistance level may holdings at 23.13. The Relative Strength Index (RSI) on the 14-day chart is 59.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.03%. Stochastics %K at 87.15% indicates the stock is a selling.
The most recent change occurred on August 30, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $26.
