Burlington Stores Inc’s recent filing unveils that its Officer Vecchio Jennifer acquired Company’s shares for reported $0.14 million on Feb 03 ’25. In the deal valued at $277.23 per share,493 shares were bought.
Then, Vecchio Jennifer sold 494 shares, generating $140,764 in total proceeds. Upon selling the shares at $284.95, the Group President and CMO now owns 59,437 shares.
Before that, Vecchio Jennifer bought 494 shares. Burlington Stores Inc shares valued at $141,960 were divested by the Officer at a price of $287.37 per share.
UBS upgraded its Burlington Stores Inc [BURL] rating to a Buy from a a Neutral in a research note published on January 10, 2025; the price target was increased to $360 from $280. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late November has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering BURL and reiterated its “an Outperform” recommendation on August 30, 2024. Telsey Advisory Group maintained its rating on August 23, 2024. It rated BURL as “an Outperform”.
Price Performance Review of BURL
On Tuesday, Burlington Stores Inc [NYSE:BURL] saw its stock fall -0.58% to $272.06. Over the last five days, the stock has lost -6.78%. Burlington Stores Inc shares have fallen nearly -4.56% since the year began. Nevertheless, the stocks have risen 37.88% over the past one year. While a 52-week high of $298.89 was reached on 01/30/25, a 52-week low of $174.64 was recorded on 02/03/25. SMA at 50 days reached $286.90, while 200 days put it at $252.68.
Levels Of Support And Resistance For BURL Stock
The 24-hour chart illustrates a support level at 269.16, which if violated will result in even more drops to 266.27. On the upside, there is a resistance level at 275.05. A further resistance level may holdings at 278.05. The Relative Strength Index (RSI) on the 14-day chart is 36.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.75%. Stochastics %K at 24.75% indicates the stock is a holding.
How much short interest is there in Burlington Stores Inc?
A steep rise in short interest was recorded in Burlington Stores Inc stocks on 2024-10-31, growing by 0.22 million shares to a total of 2.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.79 million shares. There was a rise of 11.01%, which implies that there is a positive sentiment for the stock.
