Ross Stores, Inc (ROST) gets rating Upgrade from Jefferies

In a filing, Ross Stores, Inc revealed its EXECUTIVE CHAIRMAN BALMUTH MICHAEL unloaded Company’s shares for reported $1.48 million on Apr 02 ’25. In the deal valued at $131.60 per share,11,261 shares were sold. As a result of this transaction, BALMUTH MICHAEL now holds 59,790 shares worth roughly $7.87 million.

Then, Sykes Karen sold 5,036 shares, generating $657,111 in total proceeds. Upon selling the shares at $130.48, the PRESIDENT, CMO DD’S DISCOUNTS now owns 110,365 shares.

Before that, Fleming Karen sold 5,270 shares. Ross Stores, Inc shares valued at $672,979 were divested by the PRES, CMO ROSS DRESS FOR LESS at a price of $127.70 per share. As a result of the transaction, Fleming Karen now holds 93,126 shares, worth roughly $12.25 million.

Jefferies upgraded its Ross Stores, Inc [ROST] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in early April from “an Equal weight” to “an Overweight”. Citigroup also remained covering ROST and has increased its forecast on April 03, 2025 with a “Buy” recommendation from previously “Neutral” rating. Telsey Advisory Group maintained its rating on March 05, 2025. It rated ROST as “a Market perform”.

Price Performance Review of ROST

On Tuesday, Ross Stores, Inc [NASDAQ:ROST] saw its stock jump 0.60% to $131.56. Over the last five days, the stock has gained 3.12%. Ross Stores, Inc shares have fallen nearly -8.64% since the year began. Nevertheless, the stocks have fallen -13.03% over the past one year. While a 52-week high of $163.60 was reached on 01/06/25, a 52-week low of $122.36 was recorded on 03/21/25.

Levels Of Support And Resistance For ROST Stock

The 24-hour chart illustrates a support level at 130.60, which if violated will result in even more drops to 129.64. On the upside, there is a resistance level at 132.21. A further resistance level may holdings at 132.85.

How much short interest is there in Ross Stores, Inc?

A steep rise in short interest was recorded in Ross Stores, Inc stocks on 2025-06-13, dropping by -0.19 million shares to a total of 4.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.11 million shares. There was a decline of -3.76%, which implies that there is a negative sentiment for the stock.

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