Beazer Homes USA Inc.’s recently made public that its EVP, General Counsel Belknap Keith L Jr unloaded Company’s shares for reported $23291.0 on May 15 ’24. In the deal valued at $29.67 per share,785 shares were sold. As a result of this transaction, Belknap Keith L Jr now holds 180,819 shares worth roughly $5.19 million.
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Then, Belknap Keith L Jr sold 14,215 shares, generating $413,230 in total proceeds. Upon selling the shares at $29.07, the EVP, General Counsel now owns 181,604 shares.
Before that, Belknap Keith L Jr sold 15,000 shares. Beazer Homes USA Inc. shares valued at $424,650 were divested by the EVP, General Counsel at a price of $28.31 per share. As a result of the transaction, Belknap Keith L Jr now holds 195,819 shares, worth roughly $5.62 million.
Wedbush upgraded its Beazer Homes USA Inc. [BZH] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Sidoti’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “a Buy”. Wedbush also remained covering BZH and has decreased its forecast on August 18, 2023 with a “Neutral” recommendation from previously “an Outperform” rating. Sidoti revised its rating on July 12, 2023. It rated BZH as “a Neutral” which previously was an “a Buy”.
Price Performance Review of BZH
On Tuesday, Beazer Homes USA Inc. [NYSE:BZH] saw its stock fall -2.55% to $28.70. Over the last five days, the stock has gained 1.41%. Beazer Homes USA Inc. shares have fallen nearly -15.06% since the year began. Nevertheless, the stocks have risen 35.89% over the past one year. While a 52-week high of $35.93 was reached on 01/02/24, a 52-week low of $20.04 was recorded on 05/02/24. SMA at 50 days reached $29.26, while 200 days put it at $28.87. A total of 0.3 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For BZH Stock
The 24-hour chart illustrates a support level at 28.43, which if violated will result in even more drops to 28.17. On the upside, there is a resistance level at 29.16. A further resistance level may holdings at 29.63. The Relative Strength Index (RSI) on the 14-day chart is 50.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.45%. Stochastics %K at 78.70% indicates the stock is a holding.
