Burford Capital Limited’s filing revealed that its Chief Executive Officer BOGART CHRISTOPHER P unloaded Company’s shares for reported $1.31 million on Jan 28 ’25. In the deal valued at $14.61 per share,90,000 shares were sold. As a result of this transaction, BOGART CHRISTOPHER P now holds 452,185 shares worth roughly $6.36 million.
Then, Molot Jonathan Todd sold 90,000 shares, generating $1,314,900 in total proceeds. Upon selling the shares at $14.61, the Chief Investment Officer now owns 3,577,194 shares.
Before that, Will Aviva O. sold 7,500 shares. Burford Capital Limited shares valued at $109,575 were divested by the President at a price of $14.61 per share. As a result of the transaction, Will Aviva O. now holds 310,979 shares, worth roughly $4.37 million.
Deutsche Bank initiated its Burford Capital Limited [BUR] rating to a Buy in a research note published on September 06, 2024; the price target was $18. B. Riley Securities began covering BUR with “Buy” recommendation on May 13, 2022. Wedbush started covering the stock on June 04, 2021. It rated BUR as “an Outperform”.
Price Performance Review of BUR
On Tuesday, Burford Capital Limited [NYSE:BUR] saw its stock jump 1.66% to $14.06. Over the last five days, the stock has lost -4.42%. Burford Capital Limited shares have risen nearly 10.27% since the year began. Nevertheless, the stocks have fallen -7.19% over the past one year. While a 52-week high of $16.77 was reached on 01/28/25, a 52-week low of $12.07 was recorded on 01/13/25. SMA at 50 days reached $13.40, while 200 days put it at $13.63.
Levels Of Support And Resistance For BUR Stock
The 24-hour chart illustrates a support level at 13.87, which if violated will result in even more drops to 13.68. On the upside, there is a resistance level at 14.17. A further resistance level may holdings at 14.28. The Relative Strength Index (RSI) on the 14-day chart is 57.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.02%. Stochastics %K at 66.33% indicates the stock is a holding.
How much short interest is there in Burford Capital Limited?
A steep rise in short interest was recorded in Burford Capital Limited stocks on 2025-01-15, dropping by -0.7 million shares to a total of 3.36 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.06 million shares. There was a decline of -20.73%, which implies that there is a negative sentiment for the stock.
