In a filing, Sweetgreen Inc revealed its CHIEF FINANCIAL OFFICER Reback Mitch unloaded Company’s shares for reported $0.15 million on May 16 ’25. In the deal valued at $15.23 per share,10,088 shares were sold. As a result of this transaction, Reback Mitch now holds 334,421 shares worth roughly $4.77 million.
Then, Mitch Reback bought 10,088 shares, generating $153,640 in total proceeds.
Before that, Reback Mitch sold 4,000 shares. Sweetgreen Inc shares valued at $84,280 were divested by the CHIEF FINANCIAL OFFICER at a price of $21.07 per share. As a result of the transaction, Reback Mitch now holds 344,509 shares, worth roughly $4.91 million.
JP Morgan downgraded its Sweetgreen Inc [SG] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who remained covering the stock and in late February has reiterated a ‘”a Neutral”‘ rating for it. Citigroup also remained covering SG and has increased its forecast on January 10, 2025 with a “Buy” recommendation from previously “Neutral” rating. KeyBanc Capital Markets started covering the stock on December 11, 2024. It rated SG as “a Sector weight”.
Price Performance Review of SG
On Monday, Sweetgreen Inc [NYSE:SG] saw its stock fall -5.19% to $14.25. Over the last five days, the stock has lost -8.89%. Sweetgreen Inc shares have fallen nearly -55.55% since the year began. Nevertheless, the stocks have fallen -55.34% over the past one year.
How much short interest is there in Sweetgreen Inc?
A steep rise in short interest was recorded in Sweetgreen Inc stocks on 2025-04-30, dropping by -1.8 million shares to a total of 17.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 18.9 million shares. There was a decline of -10.53%, which implies that there is a negative sentiment for the stock.
