Broadridge Financial Solutions, Inc.’s recent filing unveils that its Co-President ICS DESCHUTTER DOUGLAS RICHARD unloaded Company’s shares for reported $2.5 million on Mar 07 ’24. In the deal valued at $204.71 per share,12,200 shares were sold. As a result of this transaction, DESCHUTTER DOUGLAS RICHARD now holds 32,480 shares worth roughly $6.54 million.
Then, Duelks Robert N sold 830 shares, generating $167,311 in total proceeds. Upon selling the shares at $201.58, the Director now owns 5,445 shares.
Before that, Carey Thomas P sold 12,731 shares. Broadridge Financial Solutions, Inc. shares valued at $2,559,131 were divested by the Corporate VP at a price of $201.02 per share. As a result of the transaction, Carey Thomas P now holds 13,303 shares, worth roughly $2.68 million.
Wolfe Research upgraded its Broadridge Financial Solutions, Inc. [BR] rating to a Peer perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in late April with a ‘”an Outperform”‘ rating. Morgan Stanley began covering BR with “an Equal-weight” recommendation on December 14, 2022.
Price Performance Review of BR
On Tuesday, Broadridge Financial Solutions, Inc. [NYSE:BR] saw its stock jump 0.34% to $201.36. Over the last five days, the stock has gained 4.11%. Broadridge Financial Solutions, Inc. shares have fallen nearly -2.13% since the year began. Nevertheless, the stocks have risen 31.72% over the past one year. While a 52-week high of $210.24 was reached on 01/30/24, a 52-week low of $144.54 was recorded on 02/01/24. SMA at 50 days reached $200.20, while 200 days put it at $190.48. A total of 0.47 million shares were traded, compared to the trading of 0.46 million shares in the previous session.
Levels Of Support And Resistance For BR Stock
The 24-hour chart illustrates a support level at 200.46, which if violated will result in even more drops to 199.57. On the upside, there is a resistance level at 202.13. A further resistance level may holdings at 202.90. The Relative Strength Index (RSI) on the 14-day chart is 58.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.54, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.81%. Stochastics %K at 95.52% indicates the stock is a selling.
