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. Resources Connection Inc shares valued at $27,352 were sold by White David P on Apr 21 ’25. At $5.26 per share, White David P sold 5,204 shares. The insider’s holdings dropped to 24,331 shares worth approximately $0.13 million following the completion of this transaction.
Also, Patel Bhadreskumar purchased 9,900 shares, netting a total of over 50,003 in proceeds. Following the buying of shares at $5.05 each, the insider now holds 131,099 shares.
Before that, Carlile Roger D had added 25,000 shares to its account. In a trade valued at $126,500, the Director bought Resources Connection Inc shares for $5.06 each. Upon closing the transaction, the insider’s holdings increased to 25,000 shares, worth approximately $0.27 million.
As published in a research note from BofA Securities on November 15, 2022, Resources Connection Inc [RGP] has been rated up from an Underperform to a Neutral and the price target has been revised to $58 from $49. Analysts at Sidoti started covering the stock with ‘”a Buy”‘ outlook in a report released in mid June.
Analyzing RGP Stock Performance
On last trading session,, Resources Connection Inc [NASDAQ: RGP] rose 2.04% to $5.49. The stock’s lowest price that day was $5.36, but it reached a high of $5.57 in the same session. During the last five days, there has been a drop of approximately -0.72%. Over the course of the year, Resources Connection Inc shares have dropped approximately -35.64%. Shares of the company reached a 52-week high of $9.96 on 01/03/25 and a 52-week low of $4.81 on 04/04/25.
Support And Resistance Levels for Resources Connection Inc (RGP)
According to the 24-hour chart, there is a support level at 5.38, which, if violated, would cause prices to drop to 5.26. In the upper region, resistance lies at 5.59. The next price resistance is at 5.68. RSI (Relative Strength Index) is 52.62 on the 14-day chart, showing neutral technical sentiment.
Is Resources Connection Inc subject to short interest?
Stocks of Resources Connection Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.21 million shares to 0.48 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.69 million shares. A decline of -44.89% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.41 of the overall float, the days-to-cover ratio (short ratio) decline to 2.41.
Which companies own the most shares of Resources Connection Inc (RGP)?
In terms of Resources Connection Inc share price expectations, FactSet research, analysts set an average price target of 13 in the next 12 months, up nearly 141.64% from the previous closing price of $5.38. Analysts anticipate Resources Connection Inc stock to reach 13 by 2025, with the lowest price target being 13. In spite of this, 3 analysts ranked Resources Connection Inc stock as Buy at the end of 2025.
