Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Berry Global Group Inc shares valued at $425,068 were purchased by RICKERTSEN CARL J on Nov 20 ’24. At $68.05 per share, RICKERTSEN CARL J acquired 6,246 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, Bayh Evan sold 14,000 shares, netting a total of over 981,820 in proceeds. Following the sale of shares at $70.13 each, the insider now holds 30,228 shares.
Before that, Bayh Evan had added 14,000 shares to its account. In a trade valued at $981,792, the Director bought Berry Global Group Inc shares for $70.13 each.
As published in their initiating research note from Morgan Stanley on September 04, 2024, Berry Global Group Inc [BERY] has been an Equal-weight and the price target has been revised to $76. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid April. As of March 27, 2024, Truist has decreased its “Buy” rating to a “Hold” for BERY. Earlier on March 15, 2024, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for BERY stock which previously was a “an Outperform”.
Analyzing BERY Stock Performance
During the last five days, there has been a surge of approximately 6.94%. Over the course of the year, Berry Global Group Inc shares have jumped approximately 14.65%. Shares of the company reached a 52-week high of $72.50 on 11/19/24 and a 52-week low of $54.06 on 02/07/24. A 50-day SMA is recorded $68.10, while a 200-day SMA reached $62.64. Nevertheless, trading volume fell to 3.37 million shares from 6.98 million shares the previous day.
Support And Resistance Levels for Berry Global Group Inc (BERY)
According to the 24-hour chart, there is a support level at 69.84, which, if violated, would cause prices to drop to 68.74. In the upper region, resistance lies at 71.55. The next price resistance is at 72.16. RSI (Relative Strength Index) is 72.83 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.07, which suggests the price will increase in the coming days. Percent R is at 20.00%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
