The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Macy’s Inc shares valued at $6,303 were sold by Griscom Paul on Apr 01 ’25. At $12.89 per share, Griscom Paul sold 489 shares. The insider’s holdings dropped to 36,222 shares worth approximately $0.43 million following the completion of this transaction.
Also, Kirgan Danielle L. sold 4,522 shares, netting a total of over 58,256 in proceeds. Following the sale of shares at $12.88 each, the insider now holds 386,161 shares.
Before that, Mitchell Adrian V had sold 101,633 shares from its account. In a trade valued at $1,309,033, the EVP, COO & CFO traded Macy’s Inc shares for $12.88 each. Upon closing the transaction, the insider’s holdings decreased to 101,633 shares, worth approximately $2.83 million.
As published in their initiating research note from Barclays on April 28, 2025, Macy’s Inc [M] has been an Equal weight and the price target has been revised to $12. Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late April. As of March 07, 2025, Telsey Advisory Group has reiterated its “Market perform” rating for M. Earlier on March 06, 2025, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for M stock which previously was a “an Overweight”.
Analyzing M Stock Performance
During the last five days, there has been a drop of approximately -0.74%. Over the course of the year, Macy’s Inc shares have dropped approximately -29.12%. Shares of the company reached a 52-week high of $17.33 on 01/06/25 and a 52-week low of $9.76 on 04/08/25.
Support And Resistance Levels for Macy’s Inc (M)
According to the 24-hour chart, there is a support level at 11.48, which, if violated, would cause prices to drop to 10.95. In the upper region, resistance lies at 12.55. The next price resistance is at 13.09. RSI (Relative Strength Index) is 51.56 on the 14-day chart, showing neutral technical sentiment.
