Brighthouse Financial Inc’s recently made public that its EVP & Chief Financial Officer Spehar Edward A. unloaded Company’s shares for reported $0.36 million on Nov 15 ’24. In the deal valued at $50.98 per share,7,125 shares were sold. As a result of this transaction, Spehar Edward A. now holds 30,515 shares worth roughly $1.61 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, Spehar Edward A. bought 7,125 shares, generating $363,226 in total proceeds.
Before that, Rosenthal John sold 4,265 shares. Brighthouse Financial Inc shares valued at $196,361 were divested by the EVP & Chief Investment Officer at a price of $46.04 per share. As a result of the transaction, Rosenthal John now holds 86,262 shares, worth roughly $4.56 million.
Barclays initiated its Brighthouse Financial Inc [BHF] rating to an Equal weight in a research note published on September 05, 2024; the price target was $48. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid August from “an Equal weight” to “an Underweight”. Jefferies also remained covering BHF and has increased its forecast on July 10, 2024 with a “Buy” recommendation from previously “Hold” rating. Keefe Bruyette revised its rating on June 17, 2024. It rated BHF as “a Mkt perform” which previously was an “an Underperform”.
Price Performance Review of BHF
On Monday, Brighthouse Financial Inc [NASDAQ:BHF] saw its stock jump 2.09% to $52.82. Over the last five days, the stock has gained 3.45%. Brighthouse Financial Inc shares have fallen nearly -0.19% since the year began. Nevertheless, the stocks have risen 2.52% over the past one year. While a 52-week high of $56.24 was reached on 02/12/24, a 52-week low of $40.00 was recorded on 09/11/24. SMA at 50 days reached $47.60, while 200 days put it at $46.49.
Levels Of Support And Resistance For BHF Stock
The 24-hour chart illustrates a support level at 52.15, which if violated will result in even more drops to 51.49. On the upside, there is a resistance level at 53.49. A further resistance level may holdings at 54.17. The Relative Strength Index (RSI) on the 14-day chart is 64.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.11%. Stochastics %K at 71.91% indicates the stock is a holding.
How much short interest is there in Brighthouse Financial Inc?
A steep rise in short interest was recorded in Brighthouse Financial Inc stocks on 2024-10-31, growing by 0.12 million shares to a total of 1.07 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.95 million shares. There was a rise of 11.39%, which implies that there is a positive sentiment for the stock.
