Tanger Inc’s recently made public that its Director REDDIN THOMAS unloaded Company’s shares for reported $0.23 million on May 12 ’25. In the deal valued at $32.25 per share,7,000 shares were sold. As a result of this transaction, REDDIN THOMAS now holds 39,602 shares worth roughly $1.24 million.
Then, REDDIN THOMAS bought 7,000 shares, generating $225,750 in total proceeds.
Before that, Yalof Stephen bought 3,348 shares. Tanger Inc shares valued at $100,000 were divested by the President & CEO at a price of $29.87 per share. As a result of the transaction, Yalof Stephen now holds 831,611 shares, worth roughly $26.0 million.
Barclays initiated its Tanger Inc [SKT] rating to an Equal weight in a research note published on July 02, 2025; the price target was $33. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. BMO Capital Markets began covering SKT with “Market perform” recommendation on January 28, 2025. Deutsche Bank started covering the stock on December 17, 2024. It rated SKT as “a Hold”.
Price Performance Review of SKT
On Monday, Tanger Inc [NYSE:SKT] saw its stock fall -1.29% to $31.27. Over the last five days, the stock has gained 2.19%. Tanger Inc shares have risen nearly 19.85% since the year began. Nevertheless, the stocks have fallen -8.38% over the past one year. While a 52-week high of $37.57 was reached on 02/20/25, a 52-week low of $25.96 was recorded on 06/04/25.
Levels Of Support And Resistance For SKT Stock
The 24-hour chart illustrates a support level at 30.98, which if violated will result in even more drops to 30.68. On the upside, there is a resistance level at 31.70. A further resistance level may holdings at 32.12.
How much short interest is there in Tanger Inc?
A steep rise in short interest was recorded in Tanger Inc stocks on 2025-06-13, growing by 0.65 million shares to a total of 5.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.05 million shares. There was a rise of 11.39%, which implies that there is a positive sentiment for the stock.
