BuzzFeed Inc’s recently made public that its Director Rolle Janet L unloaded Company’s shares for reported $0.11 million on Dec 13 ’24. In the deal valued at $3.50 per share,30,801 shares were sold. As a result of this transaction, Rolle Janet L now holds 122,904 shares worth roughly $0.32 million.
Then, Johnson John S. III sold 104,000 shares, generating $296,067 in total proceeds. Upon selling the shares at $2.85, the Member of 10% Group now owns 1,091,195 shares.
Before that, COMCAST CORP sold 3,176,923 shares. BuzzFeed Inc shares valued at $10,145,821 were divested by the 10% Owner at a price of $3.19 per share. As a result of the transaction, COMCAST CORP now holds 2,000,000 shares, worth roughly $5.22 million.
Cowen downgraded its BuzzFeed Inc [BZFD] rating to a Market perform from a an Outperform in a research note published on November 22, 2022; the price target was decreased to $2 from $3. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid August from “a Neutral” to “an Underperform”. BofA Securities began covering BZFD with “Neutral” recommendation on February 04, 2022. Craig Hallum started covering the stock on January 12, 2022. It rated BZFD as “a Buy”.
Price Performance Review of BZFD
On Tuesday, BuzzFeed Inc [NASDAQ:BZFD] saw its stock jump 8.30% to $2.61. Over the last five days, the stock has gained 5.88%. BuzzFeed Inc shares have fallen nearly -2.25% since the year began. Nevertheless, the stocks have risen 259.70% over the past one year. While a 52-week high of $5.68 was reached on 01/06/25, a 52-week low of $0.65 was recorded on 01/29/25. SMA at 50 days reached $3.27, while 200 days put it at $2.71.
Levels Of Support And Resistance For BZFD Stock
The 24-hour chart illustrates a support level at 2.47, which if violated will result in even more drops to 2.34. On the upside, there is a resistance level at 2.68. A further resistance level may holdings at 2.76. The Relative Strength Index (RSI) on the 14-day chart is 45.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.67%. Stochastics %K at 28.89% indicates the stock is a holding.
How much short interest is there in BuzzFeed Inc?
A steep rise in short interest was recorded in BuzzFeed Inc stocks on 2025-01-15, growing by 0.12 million shares to a total of 0.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 0.74 million shares. There was a rise of 13.45%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 10, 2022 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $7 price target.
