Bridge Investment Group Holdings Inc’s recently made public that its Chief Financial Officer Elsnab Katherine unloaded Company’s shares for reported $3213.0 on Jul 22 ’24. In the deal valued at $8.26 per share,389 shares were sold. As a result of this transaction, Elsnab Katherine now holds 212,776 shares worth roughly $-2.21 million.
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Then, Elsnab Katherine sold 391 shares, generating $3,140 in total proceeds. Upon selling the shares at $8.03, the Chief Financial Officer now owns 212,015 shares.
Before that, Elsnab Katherine sold 370 shares. Bridge Investment Group Holdings Inc shares valued at $3,030 were divested by the Chief Financial Officer at a price of $8.19 per share. As a result of the transaction, Elsnab Katherine now holds 212,406 shares, worth roughly $2.21 million.
TD Cowen downgraded its Bridge Investment Group Holdings Inc [BRDG] rating to a Hold from a a Buy in a research note published on October 14, 2024; the price target was increased to $10.50 from $10. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid September with a ‘”an Overweight”‘ rating. TD Cowen began covering BRDG with “an Outperform” recommendation on January 04, 2024. Piper Sandler started covering the stock on January 05, 2023. It rated BRDG as “an Overweight”.
Price Performance Review of BRDG
On Monday, Bridge Investment Group Holdings Inc [NYSE:BRDG] saw its stock fall -1.14% to $10.40. Over the last five days, the stock has gained 7.22%. Bridge Investment Group Holdings Inc shares have risen nearly 6.34% since the year began. Nevertheless, the stocks have risen 22.79% over the past one year. While a 52-week high of $10.76 was reached on 10/11/24, a 52-week low of $6.18 was recorded on 03/15/24. SMA at 50 days reached $8.66, while 200 days put it at $8.00.
Levels Of Support And Resistance For BRDG Stock
The 24-hour chart illustrates a support level at 10.06, which if violated will result in even more drops to 9.72. On the upside, there is a resistance level at 10.61. A further resistance level may holdings at 10.82. The Relative Strength Index (RSI) on the 14-day chart is 72.09, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.06%. Stochastics %K at 84.84% indicates the stock is a selling.
How much short interest is there in Bridge Investment Group Holdings Inc?
A steep rise in short interest was recorded in Bridge Investment Group Holdings Inc stocks on 2024-09-30, growing by 4320.0 shares to a total of 0.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 0.45 million shares. There was a rise of 0.94%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 19, 2022 when Credit Suisse began covering the stock and recommended ‘”a Neutral”‘ rating along with a $15 price target.