Gannett Co Inc’s recent filing unveils that its Former Officer Horne Douglas Edward acquired Company’s shares for reported $0.34 million on Jun 02 ’25. In the deal valued at $3.42 per share,100,273 shares were bought.
Then, Horne Douglas Edward bought 155,000 shares, generating $546,927 in total proceeds.
Before that, Horne Douglas Edward bought 75,000 shares. Gannett Co Inc shares valued at $255,783 were divested by the Former Officer at a price of $3.41 per share.
Citigroup upgraded its Gannett Co Inc [GCI] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in late August from “a Neutral” to “a Sell”. JMP Securities began covering GCI with “Mkt outperform” recommendation on July 01, 2024. Citigroup revised its rating on May 24, 2024. It rated GCI as “a Neutral” which previously was an “a Sell”.
Price Performance Review of GCI
On Friday, Gannett Co Inc [NYSE:GCI] saw its stock jump 0.85% to $3.57. Over the last five days, the stock has gained 0.85%. Gannett Co Inc shares have fallen nearly -29.45% since the year began. Nevertheless, the stocks have fallen -11.85% over the past one year. While a 52-week high of $5.93 was reached on 01/06/25, a 52-week low of $2.55 was recorded on 04/09/25. SMA at 50 days reached $3.29, while 200 days put it at $4.47.
Levels Of Support And Resistance For GCI Stock
The 24-hour chart illustrates a support level at 3.51, which if violated will result in even more drops to 3.45. On the upside, there is a resistance level at 3.64. A further resistance level may holdings at 3.72. The Relative Strength Index (RSI) on the 14-day chart is 56.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.91%. Stochastics %K at 51.52% indicates the stock is a holding.
The most recent change occurred on December 12, 2023 when Compass Point began covering the stock and recommended ‘”a Buy”‘ rating along with a $5 price target.
