SHOO stock rated an Overweight by Piper Sandler

Steven Madden Ltd’s filing revealed that its Director Davis Peter Allan unloaded Company’s shares for reported $24368.0 on Sep 12 ’25. In the deal valued at $30.65 per share,795 shares were sold. As a result of this transaction, Davis Peter Allan now holds 6,377 shares worth roughly $0.21 million.

Then, Peter Davis bought 795 shares, generating $73,484 in total proceeds.

Before that, Peter Davis bought 2,312 shares. Steven Madden Ltd shares valued at $55,488 were divested by the Director at a price of $24.00 per share.

Piper Sandler upgraded its Steven Madden Ltd [SHOO] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late July has reiterated a ‘”a Market perform”‘ rating for it. Citigroup also remained covering SHOO and has increased its forecast on July 17, 2025 with a “Buy” recommendation from previously “Neutral” rating. Telsey Advisory Group maintained its rating on April 30, 2025. It rated SHOO as “a Market perform”.

Price Performance Review of SHOO

On Tuesday, Steven Madden Ltd [NASDAQ:SHOO] saw its stock fall -0.69% to $32.93. Over the last five days, the stock has gained 4.44%. Steven Madden Ltd shares have fallen nearly -31.24% since the year began. Nevertheless, the stocks have fallen -22.55% over the past one year. While a 52-week high of $50.01 was reached on 01/02/25, a 52-week low of $19.05 was recorded on 04/09/25.

Levels Of Support And Resistance For SHOO Stock

The 24-hour chart illustrates a support level at 32.71, which if violated will result in even more drops to 32.49. On the upside, there is a resistance level at 33.35. A further resistance level may holdings at 33.78.

How much short interest is there in Steven Madden Ltd?

A steep rise in short interest was recorded in Steven Madden Ltd stocks on 2025-08-29, growing by 0.77 million shares to a total of 5.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 5.17 million shares. There was a rise of 13.01%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on February 27, 2025 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $38.

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