Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Scotts Miracle-Gro Company shares valued at $1,321,750 were sold by Hagedorn Partnership, L.P. on May 02 ’25. At $52.87 per share, Hagedorn Partnership, L.P. sold 25,000 shares. The insider’s holdings dropped to 13,344,274 shares worth approximately $811.73 million following the completion of this transaction.
Also, Hagedorn Partnership, L.P. purchased 25,000 shares, netting a total of over 1,321,846 in proceeds.
Before that, Hagedorn Partnership, L.P. had sold 62,877 shares from its account. In a trade valued at $4,194,192, the Director traded Scotts Miracle-Gro Company shares for $66.70 each. Upon closing the transaction, the insider’s holdings decreased to 62,877 shares, worth approximately $813.25 million.
As published in a research note from Jefferies on April 07, 2025, Scotts Miracle-Gro Company [SMG] has been rated up from a Hold to a Buy and the price target has been revised to $69. Analysts at Truist upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early April. As of March 04, 2025, Stifel has increased its “Hold” rating to a “Buy” for SMG. Earlier on December 09, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for SMG stock.
Analyzing SMG Stock Performance
During the last five days, there has been a drop of approximately -0.41%. Over the course of the year, Scotts Miracle-Gro Company shares have dropped approximately -8.31%. Shares of the company reached a 52-week high of $79.11 on 01/29/25 and a 52-week low of $45.61 on 04/30/25.
Support And Resistance Levels for Scotts Miracle-Gro Company (SMG)
According to the 24-hour chart, there is a support level at 59.98, which, if violated, would cause prices to drop to 59.14. In the upper region, resistance lies at 61.44. The next price resistance is at 62.06. RSI (Relative Strength Index) is 60.29 on the 14-day chart, showing neutral technical sentiment.
