Genesco Inc’s filing revealed that its 10% Owner Fund 1 Investments, LLC unloaded Company’s shares for reported $0.58 million on Jun 05 ’25. In the deal valued at $23.26 per share,25,000 shares were sold. As a result of this transaction, Fund 1 Investments, LLC now holds 1,072,850 shares worth roughly $24.75 million.
Then, Fund 1 Investments, LLC sold 12,000 shares, generating $248,759 in total proceeds. Upon selling the shares at $20.73, the 10% Owner now owns 1,097,850 shares.
Before that, SANDFORT GREGORY A bought 10,974 shares. Genesco Inc shares valued at $251,524 were divested by the Director at a price of $22.92 per share. As a result of the transaction, SANDFORT GREGORY A now holds 26,754 shares, worth roughly $0.62 million.
Truist initiated its Genesco Inc [GCO] rating to a Hold in a research note published on May 28, 2025; the price target was $23. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Neutral”. B. Riley Securities began covering GCO with “Buy” recommendation on December 15, 2023. Seaport Research Partners revised its rating on December 04, 2023. It rated GCO as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GCO
On Tuesday, Genesco Inc [NYSE:GCO] saw its stock jump 1.63% to $23.07. Over the last five days, the stock has gained 3.22%. Genesco Inc shares have fallen nearly -46.04% since the year began. Nevertheless, the stocks have fallen -16.11% over the past one year.
How much short interest is there in Genesco Inc?
A steep rise in short interest was recorded in Genesco Inc stocks on 2025-05-15, growing by 42649.0 shares to a total of 1.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 1.31 million shares. There was a rise of 3.14%, which implies that there is a positive sentiment for the stock.
