Brunswick Corp.’s filing revealed that its Director COOPER NANCY E unloaded Company’s shares for reported $28681.0 on May 01 ’24. In the deal valued at $80.34 per share,357 shares were sold. As a result of this transaction, COOPER NANCY E now holds 23,211 shares worth roughly $1.9 million.
Then, FOULKES DAVID M sold 35,000 shares, generating $3,048,850 in total proceeds. Upon selling the shares at $87.11, the Chief Executive Officer now owns 272,626 shares.
Before that, COOPER NANCY E sold 357 shares. Brunswick Corp. shares valued at $31,384 were divested by the Director at a price of $87.91 per share. As a result of the transaction, COOPER NANCY E now holds 22,549 shares, worth roughly $1.84 million.
Exane BNP Paribas downgraded its Brunswick Corp. [BC] rating to a Neutral from a an Outperform in a research note published on April 15, 2024; the price target was decreased to $82 from $94. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Raymond James also remained covering BC and has decreased its forecast on January 04, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. B. Riley Securities revised its rating on January 02, 2024. It rated BC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of BC
On Tuesday, Brunswick Corp. [NYSE:BC] saw its stock fall -0.21% to $81.69. Over the last five days, the stock has gained 1.30%. Brunswick Corp. shares have fallen nearly -15.57% since the year began. Nevertheless, the stocks have fallen -1.19% over the past one year. While a 52-week high of $99.68 was reached on 01/02/24, a 52-week low of $66.47 was recorded on 04/25/24. SMA at 50 days reached $87.98, while 200 days put it at $83.40. A total of 0.56 million shares were traded, compared to the trading of 0.44 million shares in the previous session.
Levels Of Support And Resistance For BC Stock
The 24-hour chart illustrates a support level at 81.12, which if violated will result in even more drops to 80.55. On the upside, there is a resistance level at 82.79. A further resistance level may holdings at 83.89. The Relative Strength Index (RSI) on the 14-day chart is 39.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.60%. Stochastics %K at 30.64% indicates the stock is a holding.
The most recent change occurred on December 18, 2023 when B. Riley Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $106.
