BJ’s Wholesale Club Holdings Inc’s filing revealed that its President & CEO Eddy Robert W. unloaded Company’s shares for reported $0.96 million on Aug 01 ’24. In the deal valued at $87.60 per share,11,000 shares were sold. As a result of this transaction, Eddy Robert W. now holds 456,792 shares worth roughly $39.86 million.
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Then, Eddy Robert W. bought 33,000 shares, generating $2,897,400 in total proceeds.
Before that, Desroches Jeff sold 28,842 shares. BJ’s Wholesale Club Holdings Inc shares valued at $2,591,859 were divested by the EVP, Chief Operations Officer at a price of $89.86 per share. As a result of the transaction, Desroches Jeff now holds 58,452 shares, worth roughly $5.1 million.
Gordon Haskett upgraded its BJ’s Wholesale Club Holdings Inc [BJ] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Hold”. Goldman also remained covering BJ and has increased its forecast on April 08, 2024 with a “Buy” recommendation from previously “Neutral” rating. Gordon Haskett revised its rating on February 07, 2024. It rated BJ as “a Hold” which previously was an “a Buy”.
Price Performance Review of BJ
On Monday, BJ’s Wholesale Club Holdings Inc [NYSE:BJ] saw its stock jump 0.69% to $87.25. Over the last five days, the stock has gained 3.44%. BJ’s Wholesale Club Holdings Inc shares have risen nearly 30.89% since the year began. Nevertheless, the stocks have risen 27.24% over the past one year. While a 52-week high of $92.37 was reached on 07/11/24, a 52-week low of $63.08 was recorded on 02/05/24. SMA at 50 days reached $87.81, while 200 days put it at $75.76.
Levels Of Support And Resistance For BJ Stock
The 24-hour chart illustrates a support level at 86.49, which if violated will result in even more drops to 85.72. On the upside, there is a resistance level at 87.97. A further resistance level may holdings at 88.68. The Relative Strength Index (RSI) on the 14-day chart is 53.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.53%. Stochastics%K at 63.42% indicates the stock is a holding.
How much short interest is there in BJ’s Wholesale Club Holdings Inc?
A steep rise in short interest was recorded in BJ’s Wholesale Club Holdings Inc stocks on 2024-07-31, dropping by -2.27 million shares to a total of 7.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 9.8 million shares. There was a decline of -30.22%, which implies that there is a negative sentiment for the stock.
