In a filing, Brilliant Earth Group Inc revealed its Chief Operations Officer Dziesietnik Sharon unloaded Company’s shares for reported $10435.0 on Dec 13 ’24. In the deal valued at $1.96 per share,5,324 shares were sold. As a result of this transaction, Dziesietnik Sharon now holds 392,121 shares worth roughly $0.73 million.
Then, Dziesietnik Sharon bought 5,324 shares, generating $10,382 in total proceeds.
Before that, Kuo Jeffrey Chuenhong sold 9,134 shares. Brilliant Earth Group Inc shares valued at $14,980 were divested by the Chief Financial Officer at a price of $1.64 per share. As a result of the transaction, Kuo Jeffrey Chuenhong now holds 481,689 shares, worth roughly $0.9 million.
Telsey Advisory Group downgraded its Brilliant Earth Group Inc [BRLT] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early August has reiterated a ‘”an Outperform”‘ rating for it. William Blair also remained covering BRLT and has decreased its forecast on August 09, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. TD Cowen revised its rating on January 24, 2024. It rated BRLT as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of BRLT
On Friday, Brilliant Earth Group Inc [NASDAQ:BRLT] saw its stock jump 3.33% to $1.86. Over the last five days, the stock has gained 0.54%. Brilliant Earth Group Inc shares have fallen nearly -11.43% since the year began. Nevertheless, the stocks have fallen -39.61% over the past one year. While a 52-week high of $3.40 was reached on 01/03/25, a 52-week low of $1.52 was recorded on 01/14/25. SMA at 50 days reached $1.8848, while 200 days put it at $2.1509.
Levels Of Support And Resistance For BRLT Stock
The 24-hour chart illustrates a support level at 1.7967, which if violated will result in even more drops to 1.7333. On the upside, there is a resistance level at 1.9267. A further resistance level may holdings at 1.9933. The Relative Strength Index (RSI) on the 14-day chart is 45.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1145, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.34%. Stochastics %K at 25.62% indicates the stock is a holding.
How much short interest is there in Brilliant Earth Group Inc?
A steep rise in short interest was recorded in Brilliant Earth Group Inc stocks on 2024-12-31, dropping by 28580.0 shares to a total of 89254.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.12 million shares. There was a decline of -32.02%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 18, 2021 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating along with a $16 price target.
