KD Logo

Checking in on B&G Foods, Inc (BGS) after recent insiders movement

B&G Foods, Inc’s recent filing unveils that its EVP, PRESIDENT OF MEALS Vogel Andrew D acquired Company’s shares for reported $47700.0 on Nov 13 ’24. In the deal valued at $6.36 per share,7,500 shares were bought. As a result of this transaction, Vogel Andrew D now holds 37,064 shares worth roughly $0.23 million.

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

Then, SHERRILL STEPHEN bought 70,000 shares, generating $464,296 in total proceeds. Upon buying the shares at $6.63, the Director now owns 353,084 shares.

Before that, Lerner Scott E bought 7,611 shares. B&G Foods, Inc shares valued at $49,998 were divested by the EVP & GENERAL COUNSEL at a price of $6.57 per share. As a result of the transaction, Lerner Scott E now holds 196,755 shares, worth roughly $1.22 million.

Piper Sandler upgraded its B&G Foods, Inc [BGS] rating to a Neutral from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early October from “a Neutral” to “an Underweight”. TD Cowen began covering BGS with “an Underperform” recommendation on September 13, 2023. Consumer Edge Research revised its rating on December 01, 2022. It rated BGS as “an Underweight” which previously was an “an Equal weight”.

Price Performance Review of BGS

On Friday, B&G Foods, Inc [NYSE:BGS] saw its stock fall -1.27% to $6.21. Over the last five days, the stock has lost -4.31%. B&G Foods, Inc shares have fallen nearly -40.86% since the year began. Nevertheless, the stocks have fallen -32.50% over the past one year. While a 52-week high of $11.97 was reached on 03/01/24, a 52-week low of $6.25 was recorded on 11/15/24. SMA at 50 days reached $8.30, while 200 days put it at $9.24.

Levels Of Support And Resistance For BGS Stock

The 24-hour chart illustrates a support level at 6.15, which if violated will result in even more drops to 6.10. On the upside, there is a resistance level at 6.31. A further resistance level may holdings at 6.42. The Relative Strength Index (RSI) on the 14-day chart is 26.27, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.63%. Stochastics %K at 1.13% indicates the stock is a buying.

How much short interest is there in B&G Foods, Inc?

A steep rise in short interest was recorded in B&G Foods, Inc stocks on 2024-10-31, growing by 0.17 million shares to a total of 7.78 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 7.61 million shares. There was a rise of 2.16%, which implies that there is a positive sentiment for the stock.

Most Popular