Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Blackstone Mortgage Trust Inc shares valued at $9,670 were sold by Marone Anthony F. JR on Dec 02 ’24. At $19.11 per share, Marone Anthony F. JR sold 506 shares. The insider’s holdings dropped to 56,117 shares worth approximately $1.05 million following the completion of this transaction.
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, Marone Anthony F. JR purchased 506 shares, netting a total of over 9,670 in proceeds.
Before that, Marone Anthony F. JR had sold 503 shares from its account. In a trade valued at $9,778, the Chief Financial Officer traded Blackstone Mortgage Trust Inc shares for $19.44 each. Upon closing the transaction, the insider’s holdings decreased to 503 shares, worth approximately $1.06 million.
Analysts at Wolfe Research started covering the stock with ‘”a Peer perform”‘ outlook in a report released in late June. As of March 04, 2024, BofA Securities has decreased its “Buy” rating to a “Neutral” for BXMT. Earlier on December 06, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for BXMT stock.
Analyzing BXMT Stock Performance
During the last five days, there has been a drop of approximately -3.01%. Over the course of the year, Blackstone Mortgage Trust Inc shares have dropped approximately -12.27%. Shares of the company reached a 52-week high of $22.04 on 01/11/24 and a 52-week low of $16.53 on 08/05/24. A 50-day SMA is recorded $18.57, while a 200-day SMA reached $18.51. Nevertheless, trading volume fell to 0.83 million shares from 1.09 million shares the previous day.
Support And Resistance Levels for Blackstone Mortgage Trust Inc (BXMT)
According to the 24-hour chart, there is a support level at 18.53, which, if violated, would cause prices to drop to 18.41. In the upper region, resistance lies at 18.87. The next price resistance is at 19.09. RSI (Relative Strength Index) is 48.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.01, which suggests the price will decrease in the coming days. Percent R is at 46.11%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
