Brixmor Property Group Inc’s filing revealed that its insider SIEGEL STEVEN F unloaded Company’s shares for reported $0.74 million on Nov 20 ’24. In the deal valued at $29.54 per share,25,000 shares were sold. As a result of this transaction, SIEGEL STEVEN F now holds 315,004 shares worth roughly $9.02 million.
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Then, Steven Siegel bought 25,000 shares, generating $737,500 in total proceeds.
Before that, Crosland Sheryl Maxwell sold 5,000 shares. Brixmor Property Group Inc shares valued at $127,250 were divested by the Director at a price of $25.45 per share. As a result of the transaction, Crosland Sheryl Maxwell now holds 46,291 shares, worth roughly $1.33 million.
BMO Capital Markets upgraded its Brixmor Property Group Inc [BRX] rating to an Outperform from a a Market perform in a research note published on December 06, 2024; the price target was increased to $33 from $30. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Neutral”. Deutsche Bank began covering BRX with “Buy” recommendation on January 30, 2024. Scotiabank revised its rating on September 05, 2023. It rated BRX as “a Sector outperform” which previously was an “a Sector perform”.
Price Performance Review of BRX
On Tuesday, Brixmor Property Group Inc [NYSE:BRX] saw its stock fall -0.80% to $28.65. Over the last five days, the stock has lost -1.85%. Brixmor Property Group Inc shares have risen nearly 23.12% since the year began. Nevertheless, the stocks have risen 21.66% over the past one year. While a 52-week high of $30.67 was reached on 11/27/24, a 52-week low of $20.80 was recorded on 04/16/24. SMA at 50 days reached $28.59, while 200 days put it at $25.10.
Levels Of Support And Resistance For BRX Stock
The 24-hour chart illustrates a support level at 28.46, which if violated will result in even more drops to 28.26. On the upside, there is a resistance level at 28.91. A further resistance level may holdings at 29.16. The Relative Strength Index (RSI) on the 14-day chart is 41.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.95%. Stochastics %K at 7.01% indicates the stock is a buying.
How much short interest is there in Brixmor Property Group Inc?
A steep rise in short interest was recorded in Brixmor Property Group Inc stocks on 2024-11-29, dropping by -0.79 million shares to a total of 8.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 9.36 million shares. There was a decline of -9.24%, which implies that there is a negative sentiment for the stock.
