Barnes Group Inc’s recent filing unveils that its SVP, Human Resources EDWARDS DAWN N unloaded Company’s shares for reported $0.27 million on Nov 01 ’24. In the deal valued at $46.76 per share,5,851 shares were sold. As a result of this transaction, EDWARDS DAWN N now holds 87,213 shares worth roughly $4.12 million.
Then, EDWARDS DAWN N bought 5,851 shares, generating $273,564 in total proceeds.
Before that, ACKER MARIAN bought 2,900 shares. Barnes Group Inc shares valued at $135,430 were divested by the Officer at a price of $46.70 per share.
DA Davidson upgraded its Barnes Group Inc [B] rating to a Buy from a a Neutral in a research note published on April 18, 2024; the price target was increased to $45 from $35. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid October with a ‘”a Peer perform”‘ rating. Alembic Global Advisors also remained covering B and has decreased its forecast on April 11, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. Alembic Global Advisors revised its rating on June 10, 2020. It rated B as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of B
On Tuesday, Barnes Group Inc [NYSE:B] saw its stock jump 0.06% to $47.28. Over the last five days, the stock has gained 0.06%. Barnes Group Inc shares have risen nearly 0.04% since the year began. Nevertheless, the stocks have risen 48.82% over the past one year. While a 52-week high of $47.40 was reached on 01/14/25, a 52-week low of $30.05 was recorded on 01/06/25. SMA at 50 days reached $46.97, while 200 days put it at $41.44.
Levels Of Support And Resistance For B Stock
The 24-hour chart illustrates a support level at 47.25, which if violated will result in even more drops to 47.21. On the upside, there is a resistance level at 47.32. A further resistance level may holdings at 47.35. The Relative Strength Index (RSI) on the 14-day chart is 68.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.45%. Stochastics %K at 53.00% indicates the stock is a holding.
How much short interest is there in Barnes Group Inc?
A steep rise in short interest was recorded in Barnes Group Inc stocks on 2024-12-31, growing by 0.27 million shares to a total of 1.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.74 million shares. There was a rise of 26.95%, which implies that there is a positive sentiment for the stock.
