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. Tanger Inc shares valued at $607,950 were sold by Swanson Gallardo Leslie on Sep 05 ’25. At $34.74 per share, Swanson Gallardo Leslie sold 17,500 shares. The insider’s holdings dropped to 92,665 shares worth approximately $3.2 million following the completion of this transaction.
Also, LESLIE A SWANSON GALLARDO purchased 17,500 shares, netting a total of over 607,926 in proceeds.
Before that, REDDIN THOMAS had sold 7,000 shares from its account. In a trade valued at $225,750, the Director traded Tanger Inc shares for $32.25 each. Upon closing the transaction, the insider’s holdings decreased to 7,000 shares, worth approximately $1.37 million.
As published in their initiating research note from Ladenburg Thalmann on July 18, 2025, Tanger Inc [SKT] has been a Buy and the price target has been revised to $35. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in early July. As of March 28, 2025, Goldman has increased its “Neutral” rating to a “Buy” for SKT. Earlier on January 28, 2025, BMO Capital Markets initiated its rating. Their recommendation was “a Market perform” for SKT stock.
Analyzing SKT Stock Performance
On last trading session, Tanger Inc [NYSE: SKT] rose 1.20% to $34.54. The stock’s lowest price that day was $34.165, but it reached a high of $34.7 in the same session. During the last five days, there has been a surge of approximately 0.58%. Over the course of the year, Tanger Inc shares have jumped approximately 12.29%. Shares of the company reached a 52-week high of $36.76 on 02/20/25 and a 52-week low of $28.69 on 06/04/25.
Support And Resistance Levels for Tanger Inc (SKT)
According to the 24-hour chart, there is a support level at 34.24, which, if violated, would cause prices to drop to 33.93. In the upper region, resistance lies at 34.77. The next price resistance is at 35.00. RSI (Relative Strength Index) is 62.39 on the 14-day chart, showing neutral technical sentiment.
Is Tanger Inc subject to short interest?
Stocks of Tanger Inc saw a sharp steep in short interest on 2025-08-29 dropping by -0.63 million shares to 4.73 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 5.36 million shares. A decline of -13.36% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.5 of the overall float, the days-to-cover ratio (short ratio) decline to 5.5.
Which companies own the most shares of Tanger Inc (SKT)?
In terms of Tanger Inc share price expectations, FactSet research, analysts set an average price target of 34 in the next 12 months, down nearly -0.38% from the previous closing price of $34.13. Analysts anticipate Tanger Inc stock to reach 34 by 2025, with the lowest price target being 34. In spite of this, 5 analysts ranked Tanger Inc stock as Buy at the end of 2025. On December 17, 2024, Deutsche Bank assigned a price target of “a Hold” to the stock and initiated coverage with a $37.
