Checking in on Booz Allen Hamilton Holding Corp (BAH) after recent insiders movement

Booz Allen Hamilton Holding Corp’s recent filing unveils that its EVP & Chief Financial Officer Calderone Matthew unloaded Company’s shares for reported $0.22 million on Mar 15 ’24. In the deal valued at $144.21 per share,1,500 shares were sold. As a result of this transaction, Calderone Matthew now holds 23,962 shares worth roughly $3.53 million.

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Then, Calderone Matthew sold 1,500 shares, generating $219,765 in total proceeds. Upon selling the shares at $146.51, the EVP & Chief Financial Officer now owns 25,462 shares.

Before that, ROZANSKI HORACIO sold 49,000 shares. Booz Allen Hamilton Holding Corp shares valued at $7,138,810 were divested by the President and CEO at a price of $145.69 per share. As a result of the transaction, ROZANSKI HORACIO now holds 557,411 shares, worth roughly $82.04 million.

Barclays downgraded its Booz Allen Hamilton Holding Corp [BAH] rating to an Underweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in late November from “an Overweight” to “an Equal weight”. BofA Securities also remained covering BAH and has increased its forecast on October 03, 2023 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on October 19, 2022. It rated BAH as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of BAH

On Tuesday, Booz Allen Hamilton Holding Corp [NYSE:BAH] saw its stock jump 0.72% to $147.18. Over the last five days, the stock has gained 0.69%. Booz Allen Hamilton Holding Corp shares have risen nearly 15.07% since the year began. Nevertheless, the stocks have risen 61.93% over the past one year. While a 52-week high of $150.59 was reached on 03/04/24, a 52-week low of $89.80 was recorded on 01/05/24. SMA at 50 days reached $143.06, while 200 days put it at $125.04. A total of 0.6 million shares were traded, compared to the trading of 0.43 million shares in the previous session.

Levels Of Support And Resistance For BAH Stock

The 24-hour chart illustrates a support level at 146.10, which if violated will result in even more drops to 145.03. On the upside, there is a resistance level at 148.01. A further resistance level may holdings at 148.85. The Relative Strength Index (RSI) on the 14-day chart is 55.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.77%. Stochastics %K at 50.04% indicates the stock is a holding.

How much short interest is there in Booz Allen Hamilton Holding Corp?

A steep rise in short interest was recorded in Booz Allen Hamilton Holding Corp stocks on Feb 29, 2024, dropping by -0.23 million shares to a total of 1.32 million shares. Yahoo Finance data shows the prior-month short interest on Jan 31, 2024 was 1.55 million shares. There was a decline of -17.42%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.15% of the overall stock float, the days-to-cover ratio (short ratio) fell to 1.86.

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