In a filing, Brookline Bancorp, Inc. revealed its Director Hill Willard I JR acquired Company’s shares for reported $16878.0 on Apr 29 ’24. In the deal valued at $8.44 per share,2,000 shares were bought. As a result of this transaction, Hill Willard I JR now holds 25,631 shares worth roughly $0.22 million.
Then, Cosman James M sold 16,000 shares, generating $154,560 in total proceeds. Upon selling the shares at $9.66, the Chief Operations Officer now owns 69,873 shares.
Before that, Cosman James M sold 16,000 shares. Brookline Bancorp, Inc. shares valued at $160,000 were divested by the Chief Operations Officer at a price of $10.00 per share. As a result of the transaction, Cosman James M now holds 69,873 shares, worth roughly $0.61 million.
Hovde Group initiated its Brookline Bancorp, Inc. [BRKL] rating to an Outperform in a research note published on September 20, 2023; the price target was $10.75. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. Raymond James began covering BRKL with “Mkt perform” recommendation on December 21, 2022.
Price Performance Review of BRKL
On Tuesday, Brookline Bancorp, Inc. [NASDAQ:BRKL] saw its stock fall -1.02% to $8.76. Over the last five days, the stock has gained 5.54%. Brookline Bancorp, Inc. shares have fallen nearly -19.71% since the year began. Nevertheless, the stocks have risen 7.62% over the past one year. While a 52-week high of $11.52 was reached on 01/30/24, a 52-week low of $7.42 was recorded on 04/25/24. SMA at 50 days reached $9.34, while 200 days put it at $9.69. A total of 0.26 million shares were traded, compared to the trading of 0.31 million shares in the previous session.
Levels Of Support And Resistance For BRKL Stock
The 24-hour chart illustrates a support level at 8.70, which if violated will result in even more drops to 8.63. On the upside, there is a resistance level at 8.89. A further resistance level may holdings at 9.01. The Relative Strength Index (RSI) on the 14-day chart is 43.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.66%. Stochastics %K at 48.22% indicates the stock is a holding.
