In a filing, Booz Allen Hamilton Holding Corporation revealed its Director Barnes Melody C unloaded Company’s shares for reported $93606.0 on Aug 24. In the deal valued at $113.60 per share,824 shares were sold. As a result of this transaction, Barnes Melody C now holds 17,590 shares worth roughly $ 2.02 million.
Then, SHRADER RALPH W sold 100,000 shares, generating $12,056,000 in total proceeds. Upon selling the shares at $120.56, the Director now owns 811,090 shares.
Before that, ROZANSKI HORACIO sold 20,000 shares. Booz Allen Hamilton Holding Corporation shares valued at $2,300,000 were divested by the President and CEO at a price of $115.00 per share. As a result of the transaction, ROZANSKI HORACIO now holds 610,511 shares, worth roughly $70.07 million.
Raymond James downgraded its Booz Allen Hamilton Holding Corporation [BAH] rating to a Mkt perform from a an Outperform in a research note published on Friday.
Price Performance Review of BAH
On Friday, Booz Allen Hamilton Holding Corporation [NYSE:BAH] saw its stock jump 1.30% to $114.78. On the same session, the stock had its day’s lowest price of $113.86, but rose to a high of $115.30. Over the last five days, the stock has gained 0.21%. Booz Allen Hamilton Holding Corporation shares have risen nearly 9.82% since the year began. Nevertheless, the stocks have risen 19.94% over the past one year. While a 52-week high of $125.19 was reached on 08/03/23, a 52-week low of $87.99 was recorded on 03/17/23. SMA at 50 days reached $115.73, while 200 days put it at $102.60. A total of 0.91 million shares were traded, compared to the trading of 0.85 million shares in the previous session.
Levels Of Support And Resistance For BAH Stock
The 24-hour chart illustrates a support level at 113.99, which if violated will result in even more drops to 113.21. On the upside, there is a resistance level at 115.43. A further resistance level may holdings at 116.09. The Relative Strength Index (RSI) on the 14-day chart is 45.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.73%. Stochastics %K at 23.32% indicates the stock is a holding.
How much short interest is there in Booz Allen Hamilton Holding Corporation?
A steep rise in short interest was recorded in Booz Allen Hamilton Holding Corporation stocks on Aug 14, 2023, dropping by -0.32 million shares to a total of 1.96 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 2.28 million shares. There was a decline of -16.33%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.69% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.25.
Booz Allen Hamilton Holding Corporation [BAH] – Who Are The Largest Shareholders?
In filings from The Vanguard Group, Inc., it is revealed that the company now owns 13,064,977 shares, or roughly 9.99% of the outstanding BAH shares. In other words, the investor’s shares have fallen by -188,060 from its previous 13-F filing of 13253037.0. Additionally, T. Rowe Price Associates, Inc. decreased -0.67% of its stake after which the total value it holdings stand at $1,275,864,033, while BlackRock Fund Advisors reduced -2.42% of its stake to hold $854.42 million in the firm. Over the last quarter, WCM Investment Management LLC sold -28,885 shares of Booz Allen Hamilton Holding Corporation, while Columbia Management Investment Ad sold -279,138 shares. At present, Atlanta Capital Management Co. LL is holding 3,181,541 shares valued at $385.22 million. SSgA Funds Management, Inc. owned 2,872,205 shares of the company at the time of its most recent 13F filing, worth $347.77 million.
According to FactSet, Booz Allen Hamilton Holding Corporation’s share price will average $129.77 in the next year, based on opinions of analysts polled by the firm. This is up nearly 12.08 percent from its previous closing price of $113.31. Analysts expect Booz Allen Hamilton Holding Corporation stock to reach the higher price of $144.00, while the lowest price estimate is $110.00. However, 14 analysts have rated BAH stock as an Overweight in their predictions for 2023.