In a filing, Macerich Co revealed its Director Murphy Devin Ignatius acquired Company’s shares for reported $0.11 million on Mar 14 ’25. In the deal valued at $16.40 per share,7,000 shares were bought. As a result of this transaction, Murphy Devin Ignatius now holds 9,118 shares worth roughly $0.15 million.
Then, Hsieh Jackson bought 56,000 shares, generating $993,832 in total proceeds. Upon buying the shares at $17.75, the President and CEO now owns 226,500 shares.
Before that, Stephen Andrea M sold 63,289 shares. Macerich Co shares valued at $1,303,121 were divested by the Director at a price of $20.59 per share. As a result of the transaction, Stephen Andrea M now holds 0 shares, worth roughly $0.0.
Mizuho upgraded its Macerich Co [MAC] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in late May from “an Underweight” to “a Neutral”. Truist also remained covering MAC and has increased its forecast on April 10, 2025 with a “Buy” recommendation from previously “Hold” rating. Morgan Stanley revised its rating on January 15, 2025. It rated MAC as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of MAC
On Tuesday, Macerich Co [NYSE:MAC] saw its stock jump 1.61% to $16.44. Over the last five days, the stock has lost -0.18%. Macerich Co shares have risen nearly 10.71% since the year began. Nevertheless, the stocks have fallen -17.47% over the past one year. While a 52-week high of $22.27 was reached on 01/30/25, a 52-week low of $12.48 was recorded on 04/09/25.
Levels Of Support And Resistance For MAC Stock
The 24-hour chart illustrates a support level at 16.06, which if violated will result in even more drops to 15.67. On the upside, there is a resistance level at 16.78. A further resistance level may holdings at 17.11.
How much short interest is there in Macerich Co?
A steep rise in short interest was recorded in Macerich Co stocks on 2025-06-13, dropping by -0.45 million shares to a total of 14.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 14.54 million shares. There was a decline of -3.18%, which implies that there is a negative sentiment for the stock.
