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. Scotts Miracle-Gro Company shares valued at $1,321,750 were sold by Hagedorn Partnership, L.P. on May 02 ’25. At $52.87 per share, Hagedorn Partnership, L.P. sold 25,000 shares. The insider’s holdings dropped to 13,344,274 shares worth approximately $867.11 million following the completion of this transaction.
Also, Hagedorn Partnership, L.P. purchased 25,000 shares, netting a total of over 1,321,846 in proceeds.
Before that, Hagedorn Partnership, L.P. had sold 62,877 shares from its account. In a trade valued at $4,194,192, the Director traded Scotts Miracle-Gro Company shares for $66.70 each. Upon closing the transaction, the insider’s holdings decreased to 62,877 shares, worth approximately $868.74 million.
As published in a research note from Stifel on June 09, 2025, Scotts Miracle-Gro Company [SMG] has been rated down from a Buy to a Hold and the price target has been revised to $71. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early April. As of April 02, 2025, Truist has increased its “Hold” rating to a “Buy” for SMG. Earlier on March 04, 2025, Stifel upgraded its rating. Their new recommendation was “a Buy” for SMG stock which previously was a “a Hold”.
Analyzing SMG Stock Performance
On last trading session,, Scotts Miracle-Gro Company [NYSE: SMG] rose 1.04% to $64.98. The stock’s lowest price that day was $64.4259, but it reached a high of $65.21 in the same session. During the last five days, there has been a surge of approximately 6.79%. Over the course of the year, Scotts Miracle-Gro Company shares have dropped approximately -3.10%. Shares of the company reached a 52-week high of $79.11 on 01/29/25 and a 52-week low of $45.61 on 04/30/25.
Support And Resistance Levels for Scotts Miracle-Gro Company (SMG)
According to the 24-hour chart, there is a support level at 64.53, which, if violated, would cause prices to drop to 64.09. In the upper region, resistance lies at 65.32. The next price resistance is at 65.66. RSI (Relative Strength Index) is 60.91 on the 14-day chart, showing neutral technical sentiment.
Is Scotts Miracle-Gro Company subject to short interest?
Stocks of Scotts Miracle-Gro Company saw a sharp rise in short interest on 2025-06-13 jumping by 0.5 million shares to 4.39 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 3.89 million shares. A jump of 11.35% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.85 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.85.
Which companies own the most shares of Scotts Miracle-Gro Company (SMG)?
In terms of Scotts Miracle-Gro Company share price expectations, FactSet research, analysts set an average price target of 72 in the next 12 months, up nearly 11.96% from the previous closing price of $64.31. Analysts anticipate Scotts Miracle-Gro Company stock to reach 110 by 2025, with the lowest price target being 59. In spite of this, 4 analysts ranked Scotts Miracle-Gro Company stock as Buy at the end of 2025. On December 09, 2024, Jefferies assigned a price target of “a Hold” to the stock and initiated coverage with a $72.
