BXP Inc’s recently made public that its Senior EVP RITCHEY RAYMOND A unloaded Company’s shares for reported $1.62 million on Sep 09 ’24. In the deal valued at $74.25 per share,21,835 shares were sold. As a result of this transaction, RITCHEY RAYMOND A now holds 0 shares worth roughly $0.0.
Then, RITCHEY RAYMOND A bought 21,835 shares, generating $1,612,296 in total proceeds.
Before that, Otteni Peter V sold 4,785 shares. BXP Inc shares valued at $351,421 were divested by the Executive Vice President at a price of $73.44 per share. As a result of the transaction, Otteni Peter V now holds 0 shares, worth roughly $0.0.
Wedbush downgraded its BXP Inc [BXP] rating to an Underperform from a a Neutral in a research note published on January 02, 2025; the price target was decreased to $70 from $81. A number of analysts have revised their coverage, including Compass Point’s analysts, who increased its forecast for the stock in mid November from “a Neutral” to “a Buy”. Scotiabank also remained covering BXP and has decreased its forecast on November 07, 2024 with a “Sector perform” recommendation from previously “Sector outperform” rating. Piper Sandler revised its rating on October 23, 2024. It rated BXP as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of BXP
On Friday, BXP Inc [NYSE:BXP] saw its stock jump 2.37% to $73.56. Over the last five days, the stock has gained 1.55%. BXP Inc shares have fallen nearly -1.08% since the year began. Nevertheless, the stocks have risen 4.36% over the past one year. While a 52-week high of $90.11 was reached on 01/02/25, a 52-week low of $56.46 was recorded on 01/10/25. SMA at 50 days reached $76.89, while 200 days put it at $71.64.
Levels Of Support And Resistance For BXP Stock
The 24-hour chart illustrates a support level at 72.00, which if violated will result in even more drops to 70.43. On the upside, there is a resistance level at 74.63. A further resistance level may holdings at 75.69. The Relative Strength Index (RSI) on the 14-day chart is 48.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.24%. Stochastics %K at 69.22% indicates the stock is a holding.
How much short interest is there in BXP Inc?
A steep rise in short interest was recorded in BXP Inc stocks on 2024-12-31, growing by 0.5 million shares to a total of 7.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.8 million shares. There was a rise of 6.89%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 30, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $74 price target.
