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Insider Selling: Reed Arian Simone, Steven Madden Ltd [SHOO] Director divested 25 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Steven Madden Ltd shares valued at $580 were sold by Reed Arian Simone on May 09 ’25. At $23.20 per share, Reed Arian Simone sold 25 shares. The insider’s holdings dropped to 10,157 shares worth approximately $0.25 million following the completion of this transaction.

Also, KLIPPER MITCHELL S purchased 4,000 shares, netting a total of over 102,438 in proceeds. Following the buying of shares at $25.61 each, the insider now holds 28,649 shares.

Before that, Ferrara Al had added 4,000 shares to its account. In a trade valued at $104,235, the Director bought Steven Madden Ltd shares for $26.06 each. Upon closing the transaction, the insider’s holdings increased to 4,000 shares, worth approximately $0.55 million.

As published in a research note from Telsey Advisory Group on April 30, 2025, Steven Madden Ltd [SHOO] has been retained to a Market perform and the price target has been revised to $24. Analysts at Telsey Advisory Group resumed the stock at ‘”a Market perform”‘ outlook in a report released in late February. As of November 22, 2024, Needham has initiated its “Hold” rating for SHOO.

Analyzing SHOO Stock Performance

During the last five days, there has been a drop of approximately -5.66%. Over the course of the year, Steven Madden Ltd shares have dropped approximately -41.93%. Shares of the company reached a 52-week high of $43.50 on 01/02/25 and a 52-week low of $19.05 on 04/09/25.

Support And Resistance Levels for Steven Madden Ltd (SHOO)

According to the 24-hour chart, there is a support level at 24.34, which, if violated, would cause prices to drop to 23.99. In the upper region, resistance lies at 25.36. The next price resistance is at 26.04. RSI (Relative Strength Index) is 52.68 on the 14-day chart, showing neutral technical sentiment.

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