Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. BXP Inc shares valued at $1,621,225 were sold by RITCHEY RAYMOND A on Sep 09 ’24. At $74.25 per share, RITCHEY RAYMOND A sold 21,835 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, RITCHEY RAYMOND A purchased 21,835 shares, netting a total of over 1,612,296 in proceeds.
Before that, Otteni Peter V had sold 4,785 shares from its account. In a trade valued at $351,421, the Executive Vice President traded BXP Inc shares for $73.44 each. Upon closing the transaction, the insider’s holdings decreased to 4,785 shares, worth approximately $0.0.
As published in a research note from Wedbush on January 02, 2025, BXP Inc [BXP] has been rated down from a Neutral to an Underperform and the price target has been revised to $70 from $81. Analysts at Compass Point upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid November. As of November 07, 2024, Scotiabank has decreased its “Sector outperform” rating to a “Sector perform” for BXP. Earlier on October 23, 2024, Piper Sandler upgraded its rating. Their new recommendation was “an Overweight” for BXP stock which previously was a “a Neutral”.
Analyzing BXP Stock Performance
During the last five days, there has been a surge of approximately 2.37%. Over the course of the year, BXP Inc shares have dropped approximately -3.17%. Shares of the company reached a 52-week high of $75.12 on 01/02/25 and a 52-week low of $67.39 on 01/10/25. A 50-day SMA is recorded $77.88, while a 200-day SMA reached $71.32. Nevertheless, trading volume fell to 1.42 million shares from 1.15 million shares the previous day.
Support And Resistance Levels for BXP Inc (BXP)
According to the 24-hour chart, there is a support level at 71.56, which, if violated, would cause prices to drop to 71.13. In the upper region, resistance lies at 72.74. The next price resistance is at 73.47. RSI (Relative Strength Index) is 41.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.04, which suggests the price will decrease in the coming days. Percent R is at 51.42%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
