Recent Insider Activity Could Benefit Skechers U S A, Inc (SKX)

Skechers U S A, Inc’s recently made public that its Officer MARK A. NASON acquired Company’s shares for reported $0.5 million on Mar 24 ’25. In the deal valued at $57.54 per share,8,630 shares were bought.

Then, PHILIP PACCIONE bought 10,994 shares, generating $622,619 in total proceeds.

Before that, PACCIONE PHILLIP sold 10,994 shares. Skechers U S A, Inc shares valued at $622,590 were divested by the General Counsel & Secretary at a price of $56.63 per share. As a result of the transaction, PACCIONE PHILLIP now holds 15,000 shares, worth roughly $0.94 million.

TD Cowen downgraded its Skechers U S A, Inc [SKX] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in late April has reiterated a ‘”a Buy”‘ rating for it. Needham started covering the stock on November 22, 2024. It rated SKX as “a Hold”.

Price Performance Review of SKX

On Tuesday, Skechers U S A, Inc [NYSE:SKX] saw its stock fall -0.11% to $62.46. Over the last five days, the stock has lost -0.19%. Skechers U S A, Inc shares have fallen nearly -7.11% since the year began. Nevertheless, the stocks have fallen -15.31% over the past one year. While a 52-week high of $78.85 was reached on 01/30/25, a 52-week low of $44.50 was recorded on 04/08/25.

Levels Of Support And Resistance For SKX Stock

The 24-hour chart illustrates a support level at 62.41, which if violated will result in even more drops to 62.37. On the upside, there is a resistance level at 62.55. A further resistance level may holdings at 62.65.

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