M Stock Sees Decline of Approximately -4.58% in Last Five Days

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 $0.41 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 $2.7 million.

As published in a research note from Telsey Advisory Group on May 29, 2025, Macy’s Inc [M] has been retained to a Market perform and the price target has been revised to $14. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in late April. As of April 22, 2025, Goldman has decreased its “Buy” rating to a “Neutral” for M. Earlier on March 07, 2025, Telsey Advisory Group resumed its rating. Their recommendation was “a Market perform” for M stock.

Analyzing M Stock Performance

During the last five days, there has been a drop of approximately -4.58%. Over the course of the year, Macy’s Inc shares have dropped approximately -32.37%. 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 11.38, which, if violated, would cause prices to drop to 11.30. In the upper region, resistance lies at 11.59. The next price resistance is at 11.73. RSI (Relative Strength Index) is 44.37 on the 14-day chart, showing neutral technical sentiment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.