Berry Global Group Inc’s filing revealed that its Director RICKERTSEN CARL J acquired Company’s shares for reported $1.64 million on Dec 04 ’24. In the deal valued at $70.73 per share,23,145 shares were bought.
Then, RICKERTSEN CARL J bought 6,246 shares, generating $425,068 in total proceeds.
Before that, Bayh Evan sold 14,000 shares. Berry Global Group Inc shares valued at $981,820 were divested by the Director at a price of $70.13 per share. As a result of the transaction, Bayh Evan now holds 30,228 shares, worth roughly $1.97 million.
UBS also remained covering BERY and has decreased its forecast on November 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. Morgan Stanley started covering the stock on September 04, 2024. It rated BERY as “an Equal-weight”.
Price Performance Review of BERY
On Monday, Berry Global Group Inc [NYSE:BERY] saw its stock jump 1.24% to $65.15. Over the last five days, the stock has gained 0.20%. Berry Global Group Inc shares have risen nearly 0.74% since the year began. Nevertheless, the stocks have risen 8.23% over the past one year. While a 52-week high of $73.31 was reached on 01/06/25, a 52-week low of $49.63 was recorded on 01/03/25. SMA at 50 days reached $68.01, while 200 days put it at $63.92.
Levels Of Support And Resistance For BERY Stock
The 24-hour chart illustrates a support level at 64.53, which if violated will result in even more drops to 63.91. On the upside, there is a resistance level at 66.36. A further resistance level may holdings at 67.57. The Relative Strength Index (RSI) on the 14-day chart is 42.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.58%. Stochastics %K at 15.38% indicates the stock is a buying.
How much short interest is there in Berry Global Group Inc?
A steep rise in short interest was recorded in Berry Global Group Inc stocks on 2024-10-31, growing by 0.17 million shares to a total of 4.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 4.19 million shares. There was a rise of 3.84%, which implies that there is a positive sentiment for the stock.
