Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Bristow Group Inc shares valued at $105,512 were sold by Truelove Brian D. on Dec 10 ’24. At $35.49 per share, Truelove Brian D. sold 2,973 shares. The insider’s holdings dropped to 30,531 shares worth approximately $1.08 million following the completion of this transaction.
Also, BRIAN D TRUELOVE purchased 2,973 shares, netting a total of over 105,512 in proceeds.
Before that, Solus Alternative Asset Manage had sold 30,000 shares from its account. In a trade valued at $1,148,379, the 10% Owner traded Bristow Group Inc shares for $38.28 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $112.92 million.
As published in their initiating research note from The Benchmark Company on June 16, 2022, Bristow Group Inc [VTOL] has been a Buy and the price target has been revised to $38.
Analyzing VTOL Stock Performance
During the last five days, there has been a surge of approximately 2.97%. Over the course of the year, Bristow Group Inc shares have jumped approximately 2.97%. Shares of the company reached a 52-week high of $36.51 on 01/06/25 and a 52-week low of $34.69 on 01/02/25. A 50-day SMA is recorded $35.61, while a 200-day SMA reached $34.03. Nevertheless, trading volume fell to 89663.0 shares from 89100.0 shares the previous day.
Support And Resistance Levels for Bristow Group Inc (VTOL)
According to the 24-hour chart, there is a support level at 34.93, which, if violated, would cause prices to drop to 34.54. In the upper region, resistance lies at 35.54. The next price resistance is at 35.75. RSI (Relative Strength Index) is 52.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.36, which suggests the price will increase in the coming days. Percent R is at 27.36%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
