In a filing, BJ’s Wholesale Club Holdings Inc revealed its President & CEO Eddy Robert W. unloaded Company’s shares for reported $0.83 million on May 01 ’24. In the deal valued at $75.02 per share,11,000 shares were sold. As a result of this transaction, Eddy Robert W. now holds 489,792 shares worth roughly $36.23 million.
Then, McGrail Joseph sold 1,000 shares, generating $77,370 in total proceeds. Upon selling the shares at $77.37, the SVP, Controller now owns 12,905 shares.
Before that, Schwartz Monica sold 13,578 shares. BJ’s Wholesale Club Holdings Inc shares valued at $1,070,082 were divested by the EVP, Chief Digital Officer at a price of $78.81 per share. As a result of the transaction, Schwartz Monica now holds 13,545 shares, worth roughly $1.0 million.
Loop Capital downgraded its BJ’s Wholesale Club Holdings Inc [BJ] rating to a Hold from a a Buy in a research note published on April 18, 2024; the price target was decreased to $80 from $85. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Gordon Haskett also remained covering BJ and has decreased its forecast on February 07, 2024 with a “Hold” recommendation from previously “Buy” rating. Wells Fargo revised its rating on January 04, 2024. It rated BJ as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of BJ
On Friday, BJ’s Wholesale Club Holdings Inc [NYSE:BJ] saw its stock fall -1.67% to $73.98. Over the last five days, the stock has lost -3.48%. BJ’s Wholesale Club Holdings Inc shares have risen nearly 10.98% since the year began. Nevertheless, the stocks have risen 1.22% 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 $75.10, while 200 days put it at $69.39. A total of 1.26 million shares were traded, compared to the trading of 2.06 million shares in the previous session.
Levels Of Support And Resistance For BJ Stock
The 24-hour chart illustrates a support level at 73.37, which if violated will result in even more drops to 72.76. On the upside, there is a resistance level at 75.15. A further resistance level may holdings at 76.32. The Relative Strength Index (RSI) on the 14-day chart is 44.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.29%. Stochastics %K at 48.79% indicates the stock is a holding.
