The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Regency Centers Corporation shares valued at $301,206 were sold by WIBBENMEYER NICHOLAS ANDREW on May 21 ’25. At $72.44 per share, WIBBENMEYER NICHOLAS ANDREW sold 4,158 shares. The insider’s holdings dropped to 33,069 shares worth approximately $2.37 million following the completion of this transaction.
Also, WIBBENMEYER NICHOLAS ANDREW purchased 4,158 shares, netting a total of over 304,075 in proceeds.
Before that, STEIN MARTIN E JR had sold 50,000 shares from its account. In a trade valued at $3,674,000, the Executive Chairman traded Regency Centers Corporation shares for $73.48 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $7.9 million.
As published in their initiating research note from KeyBanc Capital Markets on October 25, 2024, Regency Centers Corporation [REG] has been an Overweight and the price target has been revised to $80. Analysts at Deutsche Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late September. As of September 16, 2024, Evercore ISI has decreased its “an Outperform” rating to a “an In-line” for REG. Earlier on July 09, 2024, Mizuho upgraded its rating. Their new recommendation was “an Outperform” for REG stock which previously was a “a Neutral”.
Analyzing REG Stock Performance
During the last five days, there has been a surge of approximately 0.07%. Over the course of the year, Regency Centers Corporation shares have dropped approximately -3.06%. Shares of the company reached a 52-week high of $78.18 on 03/04/25 and a 52-week low of $63.44 on 04/09/25.
Support And Resistance Levels for Regency Centers Corporation (REG)
According to the 24-hour chart, there is a support level at 71.27, which, if violated, would cause prices to drop to 70.88. In the upper region, resistance lies at 71.95. The next price resistance is at 72.24. RSI (Relative Strength Index) is 47.63 on the 14-day chart, showing neutral technical sentiment.
