Scotts Miracle-Gro Company’s recently made public that its Director Hagedorn Partnership, L.P. unloaded Company’s shares for reported $1.32 million on May 02 ’25. In the deal valued at $52.87 per share,25,000 shares were sold. As a result of this transaction, Hagedorn Partnership, L.P. now holds 13,344,274 shares worth roughly $764.76 million.
Then, Hagedorn Partnership, L.P. bought 25,000 shares, generating $1,321,846 in total proceeds.
Before that, Hagedorn Partnership, L.P. sold 62,877 shares. Scotts Miracle-Gro Company shares valued at $4,194,192 were divested by the Director at a price of $66.70 per share. As a result of the transaction, Hagedorn Partnership, L.P. now holds 13,369,274 shares, worth roughly $766.19 million.
Jefferies upgraded its Scotts Miracle-Gro Company [SMG] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in early April from “a Hold” to “a Buy”. Stifel also remained covering SMG and has increased its forecast on March 04, 2025 with a “Buy” recommendation from previously “Hold” rating. Jefferies started covering the stock on December 09, 2024. It rated SMG as “a Hold”.
Price Performance Review of SMG
On Monday, Scotts Miracle-Gro Company [NYSE:SMG] saw its stock fall -3.78% to $57.31. Over the last five days, the stock has lost -3.55%. Scotts Miracle-Gro Company shares have fallen nearly -13.61% since the year began. Nevertheless, the stocks have fallen -12.77% over the past one year. While a 52-week high of $93.90 was reached on 01/29/25, a 52-week low of $45.61 was recorded on 04/30/25. SMA at 50 days reached $55.63, while 200 days put it at $68.63.
Levels Of Support And Resistance For SMG Stock
The 24-hour chart illustrates a support level at 56.49, which if violated will result in even more drops to 55.66. On the upside, there is a resistance level at 58.82. A further resistance level may holdings at 60.32. The Relative Strength Index (RSI) on the 14-day chart is 47.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.89%. Stochastics %K at 40.16% indicates the stock is a holding.
