Gannett Co Inc’s recent filing unveils that its Former Officer Horne Douglas Edward acquired Company’s shares for reported $0.55 million on May 09 ’25. In the deal valued at $3.53 per share,155,000 shares were bought.
Then, Horne Douglas Edward bought 75,000 shares, generating $255,783 in total proceeds.
Before that, Horne Douglas Edward bought 150,000 shares. Gannett Co Inc shares valued at $499,522 were divested by the Former Officer at a price of $3.33 per share.
Citigroup upgraded its Gannett Co Inc [GCI] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in late August from “a Neutral” to “a Sell”. JMP Securities began covering GCI with “Mkt outperform” recommendation on July 01, 2024. Citigroup revised its rating on May 24, 2024. It rated GCI as “a Neutral” which previously was an “a Sell”.
Price Performance Review of GCI
On Monday, Gannett Co Inc [NYSE:GCI] saw its stock fall -2.50% to $3.51. Over the last five days, the stock has lost -5.39%. Gannett Co Inc shares have fallen nearly -30.63% since the year began. Nevertheless, the stocks have risen 3.85% over the past one year.
How much short interest is there in Gannett Co Inc?
A steep rise in short interest was recorded in Gannett Co Inc stocks on 2025-04-30, growing by 72846.0 shares to a total of 12.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 12.34 million shares. There was a rise of 0.59%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 12, 2023 when Compass Point began covering the stock and recommended ‘”a Buy”‘ rating along with a $5 price target.
