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. StepStone Group Inc shares valued at $3,828,884 were purchased by MICHAEL MCCABE on Jun 12 ’25. At $56.54 per share, MICHAEL MCCABE acquired 67,718 shares.
Also, McCabe Michael I sold 199,741 shares, netting a total of over 11,968,535 in proceeds. Following the sale of shares at $59.92 each, the insider now holds 491,582 shares.
Before that, McCabe Michael I had sold 51,377 shares from its account. In a trade valued at $3,077,482, the Head of Strategy traded StepStone Group Inc shares for $59.90 each. Upon closing the transaction, the insider’s holdings decreased to 51,377 shares, worth approximately $11.0 million.
As published in a research note from JP Morgan on April 11, 2024, StepStone Group Inc [STEP] has been rated up from a Neutral to an Overweight and the price target has been revised to $49 from $40. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid March. As of September 07, 2022, BofA Securities has initiated its “Buy” rating for STEP. Earlier on August 31, 2022, Barclays initiated its rating. Their recommendation was “an Equal weight” for STEP stock.
Analyzing STEP Stock Performance
On last trading session,, StepStone Group Inc [NASDAQ: STEP] plunged -1.45% to $55.98. The stock’s lowest price that day was $56.33, but it reached a high of $56.99 in the same session. During the last five days, there has been a drop of approximately -0.72%. Over the course of the year, StepStone Group Inc shares have dropped approximately -2.59%.
Support And Resistance Levels for StepStone Group Inc (STEP)
RSI (Relative Strength Index) is 48.73 on the 14-day chart, showing neutral technical sentiment.
Is StepStone Group Inc subject to short interest?
Stocks of StepStone Group Inc saw a sharp rise in short interest on 2025-05-30 jumping by 98730.0 shares to 2.59 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 2.49 million shares. A jump of 3.82% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.87 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.87.
