In a filing, BJ’s Wholesale Club Holdings Inc revealed its EVP, Chief Digital Officer Schwartz Monica unloaded Company’s shares for reported $1.07 million on Apr 11 ’24. In the deal valued at $78.81 per share,13,578 shares were sold. As a result of this transaction, Schwartz Monica now holds 13,545 shares worth roughly $1.04 million.
Then, Eddy Robert W. sold 11,000 shares, generating $843,711 in total proceeds. Upon selling the shares at $76.70, the President & CEO now owns 500,792 shares.
Before that, Baldwin Christopher J sold 73,062 shares. BJ’s Wholesale Club Holdings Inc shares valued at $5,403,182 were divested by the Director at a price of $73.95 per share. As a result of the transaction, Baldwin Christopher J now holds 173,294 shares, worth roughly $13.35 million.
Goldman upgraded its BJ’s Wholesale Club Holdings Inc [BJ] rating to a Buy from a a Neutral in a research note published on April 08, 2024; the price target was increased to $87 from $81. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. Wells Fargo also remained covering BJ and has decreased its forecast on January 04, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Gordon Haskett revised its rating on November 10, 2023. It rated BJ as “a Buy” which previously was an “a Hold”.
Price Performance Review of BJ
On Friday, BJ’s Wholesale Club Holdings Inc [NYSE:BJ] saw its stock fall -1.81% to $77.02. Over the last five days, the stock has gained 1.46%. BJ’s Wholesale Club Holdings Inc shares have risen nearly 15.54% since the year began. Nevertheless, the stocks have risen 3.00% over the past one year. While a 52-week high of $80.42 was reached on 04/11/24, a 52-week low of $60.33 was recorded on 02/05/24. SMA at 50 days reached $72.75, while 200 days put it at $68.54. A total of 1.71 million shares were traded, compared to the trading of 1.63 million shares in the previous session.
Levels Of Support And Resistance For BJ Stock
The 24-hour chart illustrates a support level at 76.07, which if violated will result in even more drops to 75.13. On the upside, there is a resistance level at 78.80. A further resistance level may holdings at 80.58. The Relative Strength Index (RSI) on the 14-day chart is 55.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 46.92%. Stochastics %K at 74.22% indicates the stock is a holding.
