Genesco Inc [NYSE: GCO] Sees Decrease in Stock Value

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Genesco Inc shares valued at $581,500 were sold by Fund 1 Investments, LLC on Jun 05 ’25. At $23.26 per share, Fund 1 Investments, LLC sold 25,000 shares. The insider’s holdings dropped to 1,072,850 shares worth approximately $23.87 million following the completion of this transaction.

Also, Fund 1 Investments, LLC sold 12,000 shares, netting a total of over 248,759 in proceeds. Following the sale of shares at $20.73 each, the insider now holds 1,097,850 shares.

Before that, SANDFORT GREGORY A had added 10,974 shares to its account. In a trade valued at $251,524, the Director bought Genesco Inc shares for $22.92 each. Upon closing the transaction, the insider’s holdings increased to 10,974 shares, worth approximately $0.6 million.

As published in their initiating research note from Truist on May 28, 2025, Genesco Inc [GCO] has been a Hold and the price target has been revised to $23. Analysts at B. Riley Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early March. As of December 15, 2023, B. Riley Securities has initiated its “Buy” rating for GCO. Earlier on December 04, 2023, Seaport Research Partners downgraded its rating. Their new recommendation was “a Neutral” for GCO stock which previously was a “a Buy”.

Analyzing GCO Stock Performance

On last trading session, Genesco Inc [NYSE: GCO] plunged -0.54% to $22.25. The stock’s lowest price that day was $22.085, but it reached a high of $22.57 in the same session. During the last five days, there has been a surge of approximately 8.75%. Over the course of the year, Genesco Inc shares have dropped approximately -8.59%. Shares of the company reached a 52-week high of $43.81 on 01/24/25 and a 52-week low of $16.19 on 04/08/25.

Support And Resistance Levels for Genesco Inc (GCO)

According to the 24-hour chart, there is a support level at 22.03, which, if violated, would cause prices to drop to 21.82. In the upper region, resistance lies at 22.52. The next price resistance is at 22.79. RSI (Relative Strength Index) is 54.00 on the 14-day chart, showing neutral technical sentiment.

Is Genesco Inc subject to short interest?

Stocks of Genesco Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.23 million shares to 1.59 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.36 million shares. A jump of 14.44% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.46 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.46.

Which companies own the most shares of Genesco Inc (GCO)?

In terms of Genesco Inc share price expectations, FactSet research, analysts set an average price target of 24 in the next 12 months, up nearly 7.29% from the previous closing price of $22.37. Analysts anticipate Genesco Inc stock to reach 24 by 2025, with the lowest price target being 24. In spite of this, 4 analysts ranked Genesco Inc stock as Buy at the end of 2025. On March 28, 2023, Seaport Research Partners assigned a price target of “a Buy” to the stock and upgraded coverage with a $50.

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