BJ’s Restaurant Inc’s recent filing unveils that its Officer Krakower Brian S acquired Company’s shares for reported $82340.0 on Nov 15 ’24. In the deal valued at $35.60 per share,2,313 shares were bought.
Then, Krakower Brian S sold 2,313 shares, generating $82,343 in total proceeds. Upon selling the shares at $35.60, the Chief Information Officer now owns 5,339 shares.
Before that, Fund 1 Investments, LLC sold 15,000 shares. BJ’s Restaurant Inc shares valued at $570,765 were divested by the 10% Owner at a price of $38.05 per share. As a result of the transaction, Fund 1 Investments, LLC now holds 2,303,131 shares, worth roughly $79.0 million.
Gordon Haskett upgraded its BJ’s Restaurant Inc [BJRI] rating to a Hold from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Perform”. The Benchmark Company also remained covering BJRI and has decreased its forecast on July 26, 2024 with a “Hold” recommendation from previously “Buy” rating. Piper Sandler started covering the stock on July 18, 2023. It rated BJRI as “a Neutral”.
Price Performance Review of BJRI
On Friday, BJ’s Restaurant Inc [NASDAQ:BJRI] saw its stock jump 0.82% to $34.30. Over the last five days, the stock has lost -0.35%. BJ’s Restaurant Inc shares have fallen nearly -2.38% since the year began. Nevertheless, the stocks have risen 12.57% over the past one year. While a 52-week high of $38.87 was reached on 01/06/25, a 52-week low of $27.61 was recorded on 01/13/25. SMA at 50 days reached $35.72, while 200 days put it at $34.04.
Levels Of Support And Resistance For BJRI Stock
The 24-hour chart illustrates a support level at 34.02, which if violated will result in even more drops to 33.73. On the upside, there is a resistance level at 34.54. A further resistance level may holdings at 34.77. The Relative Strength Index (RSI) on the 14-day chart is 42.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.63%. Stochastics %K at 17.72% indicates the stock is a buying.
How much short interest is there in BJ’s Restaurant Inc?
A steep rise in short interest was recorded in BJ’s Restaurant Inc stocks on 2024-12-31, dropping by -0.13 million shares to a total of 1.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.63 million shares. There was a decline of -9.02%, which implies that there is a negative sentiment for the stock.
