Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Burford Capital Limited shares valued at $1,314,900 were sold by BOGART CHRISTOPHER P on Jan 28 ’25. At $14.61 per share, BOGART CHRISTOPHER P sold 90,000 shares. The insider’s holdings dropped to 452,185 shares worth approximately $6.47 million following the completion of this transaction.
Also, Molot Jonathan Todd sold 90,000 shares, netting a total of over 1,314,900 in proceeds. Following the sale of shares at $14.61 each, the insider now holds 3,577,194 shares.
Before that, Will Aviva O. had sold 7,500 shares from its account. In a trade valued at $109,575, the President traded Burford Capital Limited shares for $14.61 each. Upon closing the transaction, the insider’s holdings decreased to 7,500 shares, worth approximately $4.45 million.
As published in their initiating research note from Deutsche Bank on September 06, 2024, Burford Capital Limited [BUR] has been a Buy and the price target has been revised to $18. As of May 13, 2022, B. Riley Securities has initiated its “Buy” rating for BUR. Earlier on June 04, 2021, Wedbush initiated its rating. Their recommendation was “an Outperform” for BUR stock.
Analyzing BUR Stock Performance
During the last five days, there has been a surge of approximately 1.71%. Over the course of the year, Burford Capital Limited shares have jumped approximately 12.24%. Shares of the company reached a 52-week high of $14.76 on 01/28/25 and a 52-week low of $12.30 on 01/13/25. A 50-day SMA is recorded $13.36, while a 200-day SMA reached $13.65. Nevertheless, trading volume fell to 0.88 million shares from 0.82 million shares the previous day.
Support And Resistance Levels for Burford Capital Limited (BUR)
According to the 24-hour chart, there is a support level at 14.16, which, if violated, would cause prices to drop to 14.00. In the upper region, resistance lies at 14.52. The next price resistance is at 14.72. RSI (Relative Strength Index) is 63.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.85, which suggests the price will decrease in the coming days. Percent R is at 18.13%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
