Negative sentiment towards GCI reflected by a jump of 10.93% in short interest

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Gannett Co Inc shares valued at $343,063 were purchased by Horne Douglas Edward on Jun 02 ’25. At $3.42 per share, Horne Douglas Edward acquired 100,273 shares.

Also, Horne Douglas Edward purchased 155,000 shares, netting a total of over 546,927 in proceeds.

Before that, Horne Douglas Edward had added 75,000 shares to its account. In a trade valued at $255,783, the Former Officer bought Gannett Co Inc shares for $3.41 each.

As published in a research note from Citigroup on September 17, 2024, Gannett Co Inc [GCI] has been rated up from a Sell to a Neutral and the price target has been revised to $5.10. Analysts at Citigroup downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in late August. As of July 01, 2024, JMP Securities has initiated its “Mkt outperform” rating for GCI. Earlier on May 24, 2024, Citigroup upgraded its rating. Their new recommendation was “a Neutral” for GCI stock which previously was a “a Sell”.

Analyzing GCI Stock Performance

On last trading session, Gannett Co Inc [NYSE: GCI] plunged -1.20% to $4.12. The stock’s lowest price that day was $4.09, but it reached a high of $4.315 in the same session. During the last five days, there has been a surge of approximately 12.88%. Over the course of the year, Gannett Co Inc shares have dropped approximately -3.74%.

Is Gannett Co Inc subject to short interest?

Stocks of Gannett Co Inc saw a sharp rise in short interest on 2025-07-15 jumping by 1.81 million shares to 16.56 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 14.75 million shares. A jump of 10.93% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 10.24 of the overall float, the days-to-cover ratio (short ratio) jumped to 10.24.

Which companies own the most shares of Gannett Co Inc (GCI)?

In terms of Gannett Co Inc share price expectations, FactSet research, analysts set an average price target of 5.55 in the next 12 months, up nearly 33.09% from the previous closing price of $4.17. Analysts anticipate Gannett Co Inc stock to reach 6 by 2025, with the lowest price target being 5.1. In spite of this, 2 analysts ranked Gannett Co Inc stock as Buy at the end of 2025. On December 12, 2023, Compass Point assigned a price target of “a Buy” to the stock and initiated coverage with a $5.

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