KD Logo

BC Shares Experience Decline in Value

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Brunswick Corp. shares valued at $29,159 were purchased by NANCY E COOPER on Aug 01 ’24. At $81.45 per share, NANCY E COOPER acquired 358 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Also, COOPER NANCY E sold 358 shares, netting a total of over 29,120 in proceeds. Following the sale of shares at $81.34 each, the insider now holds 23,877 shares.

Before that, Preisser Brenna had sold 1,225 shares from its account. In a trade valued at $100,560, the E.V.P. & President BA traded Brunswick Corp. shares for $82.09 each. Upon closing the transaction, the insider’s holdings decreased to 1,225 shares, worth approximately $4.51 million.

As published in a research note from Northcoast on July 29, 2024, Brunswick Corp. [BC] has been rated up from a Neutral to a Buy and the price target has been revised to $100. Analysts at The Benchmark Company started covering the stock with ‘”a Buy”‘ outlook in a report released in late May. As of April 15, 2024, Exane BNP Paribas has decreased its “an Outperform” rating to a “Neutral” for BC. Earlier on February 20, 2024, B. Riley Securities upgraded its rating. Their new recommendation was “a Buy” for BC stock which previously was a “a Neutral”.

Analyzing BC Stock Performance

During the last five days, there has been a drop of approximately -1.81%. Over the course of the year, Brunswick Corp. shares have dropped approximately -19.80%. Shares of the company reached a 52-week high of $97.03 on 01/02/24 and a 52-week low of $69.05 on 07/05/24. A 50-day SMA is recorded $76.49, while a 200-day SMA reached $82.54. Nevertheless, trading volume fell to 0.82 million shares from 0.77 million shares the previous day.

Support And Resistance Levels for Brunswick Corp. (BC)

According to the 24-hour chart, there is a support level at 75.95, which, if violated, would cause prices to drop to 74.31. In the upper region, resistance lies at 80.59. The next price resistance is at 83.59. RSI (Relative Strength Index) is 50.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.31, which suggests the price will increase in the coming days. Percent R is at 59.71%, indicating low price movement. Stochastics%K at holding indicates that the stock is to be held.

Most Popular