In a filing, Bath & Body Works Inc revealed its Former officer JULIE B ROSEN acquired Company’s shares for reported $1.67 million on Dec 10 ’24. In the deal valued at $39.03 per share,42,874 shares were bought.
Then, Boswell Gina bought 6,000 shares, generating $177,852 in total proceeds. Upon buying the shares at $29.64, the Chief Executive Officer now owns 242,987 shares.
Before that, Nash Sarah E sold 48,000 shares. Bath & Body Works Inc shares valued at $1,992,120 were divested by the Director at a price of $41.50 per share. As a result of the transaction, Nash Sarah E now holds 149,202 shares, worth roughly $5.49 million.
Wells Fargo upgraded its Bath & Body Works Inc [BBWI] rating to an Overweight from a an Equal weight in a research note published on January 10, 2025; the price target was increased to $48 from $42. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late November has reiterated a ‘”an Outperform”‘ rating for it. Barclays also remained covering BBWI and has decreased its forecast on November 08, 2024 with a “an Underweight” recommendation from previously “an Equal weight” rating. Telsey Advisory Group maintained its rating on August 29, 2024. It rated BBWI as “an Outperform”.
Price Performance Review of BBWI
On Monday, Bath & Body Works Inc [NYSE:BBWI] saw its stock jump 1.02% to $36.78. Over the last five days, the stock has lost -2.44%. Bath & Body Works Inc shares have fallen nearly -5.13% since the year began. Nevertheless, the stocks have fallen -16.66% over the past one year. While a 52-week high of $52.99 was reached on 01/02/25, a 52-week low of $26.20 was recorded on 01/13/25. SMA at 50 days reached $35.19, while 200 days put it at $37.56.
Levels Of Support And Resistance For BBWI Stock
The 24-hour chart illustrates a support level at 35.90, which if violated will result in even more drops to 35.02. On the upside, there is a resistance level at 37.27. A further resistance level may holdings at 37.76. The Relative Strength Index (RSI) on the 14-day chart is 48.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.33%. Stochastics %K at 19.09% indicates the stock is a buying.
How much short interest is there in Bath & Body Works Inc?
A steep rise in short interest was recorded in Bath & Body Works Inc stocks on 2024-10-31, dropping by -0.55 million shares to a total of 9.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 9.99 million shares. There was a decline of -5.8%, which implies that there is a negative sentiment for the stock.
