Bridge Investment Group Holdings Inc’s filing revealed that its Chief Financial Officer Elsnab Katherine unloaded Company’s shares for reported $3213.0 on Jul 22 ’24. In the deal valued at $8.26 per share,389 shares were sold. As a result of this transaction, Elsnab Katherine now holds 212,776 shares worth roughly $1.84 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, Elsnab Katherine sold 391 shares, generating $3,140 in total proceeds. Upon selling the shares at $8.03, the Chief Financial Officer now owns 212,015 shares.
Before that, Elsnab Katherine sold 370 shares. Bridge Investment Group Holdings Inc shares valued at $3,030 were divested by the Chief Financial Officer at a price of $8.19 per share. As a result of the transaction, Elsnab Katherine now holds 212,406 shares, worth roughly $1.84 million.
Morgan Stanley downgraded its Bridge Investment Group Holdings Inc [BRDG] rating to an Equal-weight from a an Overweight in a research note published on November 08, 2024; the price target was decreased to $11 from $14. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in mid October from “a Buy” to “a Hold”. Wells Fargo began covering BRDG with “an Overweight” recommendation on September 12, 2024. TD Cowen started covering the stock on January 04, 2024. It rated BRDG as “an Outperform”.
Price Performance Review of BRDG
On Tuesday, Bridge Investment Group Holdings Inc [NYSE:BRDG] saw its stock jump 2.13% to $8.64. Over the last five days, the stock has lost -2.91%. Bridge Investment Group Holdings Inc shares have fallen nearly -11.45% since the year began. Nevertheless, the stocks have fallen -9.32% over the past one year. While a 52-week high of $11.69 was reached on 11/06/24, a 52-week low of $6.18 was recorded on 03/15/24. SMA at 50 days reached $9.92, while 200 days put it at $8.27.
Levels Of Support And Resistance For BRDG Stock
The 24-hour chart illustrates a support level at 8.52, which if violated will result in even more drops to 8.39. On the upside, there is a resistance level at 8.73. A further resistance level may holdings at 8.81. The Relative Strength Index (RSI) on the 14-day chart is 33.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.75%. Stochastics %K at 13.75% indicates the stock is a buying.
How much short interest is there in Bridge Investment Group Holdings Inc?
A steep rise in short interest was recorded in Bridge Investment Group Holdings Inc stocks on 2024-11-29, dropping by -0.13 million shares to a total of 0.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.41 million shares. There was a decline of -45.9%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 05, 2023 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating .
