In a filing, Blue Bird Corp revealed its Officer Radulescu Razvan acquired Company’s shares for reported $0.11 million on Feb 10 ’25. In the deal valued at $38.01 per share,2,848 shares were bought.
Then, Radulescu Razvan sold 19,171 shares, generating $822,244 in total proceeds. Upon selling the shares at $42.89, the Chief Financial Officer now owns 89,347 shares.
Before that, Radulescu Razvan bought 19,171 shares. Blue Bird Corp shares valued at $835,089 were divested by the Officer at a price of $43.56 per share.
BTIG Research initiated its Blue Bird Corp [BLBD] rating to a Buy in a research note published on October 09, 2024; the price target was $55. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Neutral”. Needham also remained covering BLBD and reiterated its “Buy” recommendation on July 17, 2024. Needham started covering the stock on February 29, 2024. It rated BLBD as “a Buy”.
Price Performance Review of BLBD
On Monday, Blue Bird Corp [NASDAQ:BLBD] saw its stock jump 0.79% to $38.31. Over the last five days, the stock has gained 10.31%. Blue Bird Corp shares have fallen nearly -0.83% since the year began. Nevertheless, the stocks have risen 22.59% over the past one year. While a 52-week high of $59.40 was reached on 01/06/25, a 52-week low of $29.00 was recorded on 02/03/25. SMA at 50 days reached $39.97, while 200 days put it at $45.70.
Levels Of Support And Resistance For BLBD Stock
The 24-hour chart illustrates a support level at 37.69, which if violated will result in even more drops to 37.07. On the upside, there is a resistance level at 38.97. A further resistance level may holdings at 39.63. The Relative Strength Index (RSI) on the 14-day chart is 48.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.61%. Stochastics %K at 46.35% indicates the stock is a holding.
How much short interest is there in Blue Bird Corp?
A steep rise in short interest was recorded in Blue Bird Corp stocks on 2024-10-31, growing by 0.46 million shares to a total of 3.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.96 million shares. There was a rise of 13.51%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 11, 2023 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $25 price target.
