Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sweetgreen Inc shares valued at $153,640 were sold by Reback Mitch on May 16 ’25. At $15.23 per share, Reback Mitch sold 10,088 shares. The insider’s holdings dropped to 334,421 shares worth approximately $4.43 million following the completion of this transaction.
Also, Mitch Reback purchased 10,088 shares, netting a total of over 153,640 in proceeds.
Before that, Reback Mitch had sold 4,000 shares from its account. In a trade valued at $84,280, the CHIEF FINANCIAL OFFICER traded Sweetgreen Inc shares for $21.07 each. Upon closing the transaction, the insider’s holdings decreased to 4,000 shares, worth approximately $4.57 million.
As published in a research note from JP Morgan on May 06, 2025, Sweetgreen Inc [SG] has been rated down from an Overweight to a Neutral and the price target has been revised to $32. Analysts at Goldman resumed the stock at ‘”a Neutral”‘ outlook in a report released in late February. As of January 10, 2025, Citigroup has increased its “Neutral” rating to a “Buy” for SG. Earlier on December 11, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “a Sector weight” for SG stock.
Analyzing SG Stock Performance
During the last five days, there has been a drop of approximately -12.93%. Over the course of the year, Sweetgreen Inc shares have dropped approximately -58.64%. Shares of the company reached a 52-week high of $35.95 on 01/06/25 and a 52-week low of $12.37 on 05/22/25.
Support And Resistance Levels for Sweetgreen Inc (SG)
According to the 24-hour chart, there is a support level at 12.66, which, if violated, would cause prices to drop to 12.06. In the upper region, resistance lies at 13.57. The next price resistance is at 13.88. RSI (Relative Strength Index) is 28.13 on the 14-day chart, showing oversold technical sentiment.
