In a filing, Boise Cascade Co revealed its Director CARLILE THOMAS E unloaded Company’s shares for reported $1.4 million on Nov 27 ’24. In the deal valued at $146.30 per share,9,591 shares were sold. As a result of this transaction, CARLILE THOMAS E now holds 27,906 shares worth roughly $3.43 million.
Then, THOMAS E CARLILE bought 9,591 shares, generating $1,403,136 in total proceeds.
Before that, Little Troy sold 1,192 shares. Boise Cascade Co shares valued at $168,591 were divested by the EVP, Wood Products at a price of $141.44 per share. As a result of the transaction, Little Troy now holds 11,069 shares, worth roughly $1.36 million.
Loop Capital initiated its Boise Cascade Co [BCC] rating to a Buy in a research note published on November 01, 2024; the price target was $155. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid October from “a Neutral” to “an Underperform”. BofA Securities also remained covering BCC and has increased its forecast on July 10, 2023 with a “Neutral” recommendation from previously “an Underperform” rating. Truist revised its rating on June 28, 2023. It rated BCC as “a Buy” which previously was an “a Hold”.
Price Performance Review of BCC
On Friday, Boise Cascade Co [NYSE:BCC] saw its stock fall -0.21% to $122.75. Over the last five days, the stock has lost -9.91%. Boise Cascade Co shares have fallen nearly -1.48% since the year began. Nevertheless, the stocks have risen 2.88% over the past one year. While a 52-week high of $155.42 was reached on 11/25/24, a 52-week low of $109.69 was recorded on 07/10/24. SMA at 50 days reached $139.77, while 200 days put it at $135.52.
Levels Of Support And Resistance For BCC Stock
The 24-hour chart illustrates a support level at 121.05, which if violated will result in even more drops to 119.34. On the upside, there is a resistance level at 124.76. A further resistance level may holdings at 126.76. The Relative Strength Index (RSI) on the 14-day chart is 24.58, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.11%. Stochastics %K at 4.01% indicates the stock is a buying.
How much short interest is there in Boise Cascade Co?
A steep rise in short interest was recorded in Boise Cascade Co stocks on 2024-11-29, growing by 64304.0 shares to a total of 1.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.98 million shares. There was a rise of 6.16%, which implies that there is a positive sentiment for the stock.
