Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Bellring Brands Inc shares valued at $2,141,937 were sold by VITALE ROBERT V on Feb 11 ’25. At $75.86 per share, VITALE ROBERT V sold 28,234 shares. The insider’s holdings dropped to 1,138,457 shares worth approximately $87.6 million following the completion of this transaction.
Also, Vitale Robert purchased 28,453 shares, netting a total of over 2,188,282 in proceeds.
Before that, VITALE ROBERT V had sold 5,100 shares from its account. In a trade valued at $384,030, the Director traded Bellring Brands Inc shares for $75.30 each. Upon closing the transaction, the insider’s holdings decreased to 5,100 shares, worth approximately $89.78 million.
As published in their initiating research note from Deutsche Bank on May 23, 2024, Bellring Brands Inc [BRBR] has been a Buy and the price target has been revised to $67. Analysts at TD Cowen started covering the stock with ‘”a Buy”‘ outlook in a report released in late April. As of February 01, 2024, Citigroup has initiated its “Buy” rating for BRBR. Earlier on January 03, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for BRBR stock which previously was a “a Buy”.
Analyzing BRBR Stock Performance
During the last five days, there has been a surge of approximately 0.58%. Over the course of the year, Bellring Brands Inc shares have jumped approximately 2.14%. Shares of the company reached a 52-week high of $80.67 on 01/30/25 and a 52-week low of $69.42 on 01/13/25. A 50-day SMA is recorded $76.12, while a 200-day SMA reached $63.74. Nevertheless, trading volume fell to 0.67 million shares from 1.07 million shares the previous day.
Support And Resistance Levels for Bellring Brands Inc (BRBR)
According to the 24-hour chart, there is a support level at 75.56, which, if violated, would cause prices to drop to 74.17. In the upper region, resistance lies at 78.17. The next price resistance is at 79.39. RSI (Relative Strength Index) is 52.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.98, which suggests the price will decrease in the coming days. Percent R is at 46.62%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
