In a filing, BorgWarner Inc revealed its Officer CALAWAY TONIT M acquired Company’s shares for reported $0.41 million on Feb 10 ’25. In the deal valued at $30.16 per share,13,500 shares were bought.
Then, Demmerle Stefan sold 20,544 shares, generating $704,150 in total proceeds. Upon selling the shares at $34.28, the Vice President now owns 206,969 shares.
Before that, Demmerle Stefan bought 20,544 shares. BorgWarner Inc shares valued at $704,151 were divested by the Officer at a price of $34.28 per share.
Piper Sandler began covering BWA with “an Overweight” recommendation on March 15, 2024. Exane BNP Paribas revised its rating on February 20, 2024. It rated BWA as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of BWA
On Monday, BorgWarner Inc [NYSE:BWA] saw its stock fall -2.27% to $29.34. Over the last five days, the stock has lost -5.84%. BorgWarner Inc shares have fallen nearly -7.71% since the year began. Nevertheless, the stocks have fallen -13.27% over the past one year. While a 52-week high of $38.22 was reached on 01/27/25, a 52-week low of $29.33 was recorded on 02/10/25. SMA at 50 days reached $32.51, while 200 days put it at $33.60.
Levels Of Support And Resistance For BWA Stock
The 24-hour chart illustrates a support level at 28.94, which if violated will result in even more drops to 28.54. On the upside, there is a resistance level at 30.08. A further resistance level may holdings at 30.82. The Relative Strength Index (RSI) on the 14-day chart is 29.93, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.54%. Stochastics %K at 9.03% indicates the stock is a buying.
How much short interest is there in BorgWarner Inc?
A steep rise in short interest was recorded in BorgWarner Inc stocks on 2025-01-15, growing by 0.85 million shares to a total of 10.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 9.6 million shares. There was a rise of 8.17%, which implies that there is a positive sentiment for the stock.
