Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. BJ’s Restaurant Inc shares valued at $82,340 were purchased by Krakower Brian S on Nov 15 ’24. At $35.60 per share, Krakower Brian S acquired 2,313 shares.
Also, Krakower Brian S sold 2,313 shares, netting a total of over 82,343 in proceeds. Following the sale of shares at $35.60 each, the insider now holds 5,339 shares.
Before that, Fund 1 Investments, LLC had sold 15,000 shares from its account. In a trade valued at $570,765, the 10% Owner traded BJ’s Restaurant Inc shares for $38.05 each. Upon closing the transaction, the insider’s holdings decreased to 15,000 shares, worth approximately $81.32 million.
As published in a research note from Gordon Haskett on January 08, 2025, BJ’s Restaurant Inc [BJRI] has been rated up from an Underperform to a Hold and the price target has been revised to $36. Analysts at Oppenheimer downgraded the stock from ‘”an Outperform”‘ to ‘”a Perform”‘ outlook in a report released in early January. As of July 26, 2024, The Benchmark Company has decreased its “Buy” rating to a “Hold” for BJRI. Earlier on July 18, 2023, Piper Sandler initiated its rating. Their recommendation was “a Neutral” for BJRI stock.
Analyzing BJRI Stock Performance
During the last five days, there has been a surge of approximately 0.50%. Over the course of the year, BJ’s Restaurant Inc shares have jumped approximately 0.50%. Shares of the company reached a 52-week high of $37.31 on 01/06/25 and a 52-week low of $34.94 on 01/08/25. A 50-day SMA is recorded $35.93, while a 200-day SMA reached $34.05. Nevertheless, trading volume fell to 0.18 million shares from 0.24 million shares the previous day.
Support And Resistance Levels for BJ’s Restaurant Inc (BJRI)
According to the 24-hour chart, there is a support level at 34.90, which, if violated, would cause prices to drop to 34.49. In the upper region, resistance lies at 35.76. The next price resistance is at 36.20. RSI (Relative Strength Index) is 47.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 67.25%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
