Brixmor Property Group Inc’s recent filing unveils that its insider Finnegan Brian T unloaded Company’s shares for reported $0.83 million on Jan 02 ’25. In the deal valued at $27.62 per share,30,000 shares were sold. As a result of this transaction, Finnegan Brian T now holds 230,561 shares worth roughly $ 6.35 million.
Then, Finnegan Brian T bought 30,000 shares, generating $832,800 in total proceeds.
Before that, SIEGEL STEVEN F sold 25,000 shares. Brixmor Property Group Inc shares valued at $738,500 were divested by the insider at a price of $29.54 per share. As a result of the transaction, SIEGEL STEVEN F now holds 315,004 shares, worth roughly $8.68 million.
Jefferies upgraded its Brixmor Property Group Inc [BRX] rating to a Buy from a a Hold in a research note published on February 14, 2025; the price target was increased to $33 from $28. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid February from “an In-line” to “an Outperform”. BMO Capital Markets also remained covering BRX and has increased its forecast on December 06, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Mizuho revised its rating on February 23, 2024. It rated BRX as “a Neutral” which previously was an “a Buy”.
Price Performance Review of BRX
On Tuesday, Brixmor Property Group Inc [NYSE:BRX] saw its stock fall -0.43% to $27.55. Over the last five days, the stock has gained 5.23%. Brixmor Property Group Inc shares have fallen nearly -1.04% since the year began. Nevertheless, the stocks have risen 20.83% over the past one year. While a 52-week high of $30.67 was reached on 02/14/25, a 52-week low of $20.80 was recorded on 02/03/25. SMA at 50 days reached $27.28, while 200 days put it at $26.02.
Levels Of Support And Resistance For BRX Stock
The 24-hour chart illustrates a support level at 27.43, which if violated will result in even more drops to 27.32. On the upside, there is a resistance level at 27.75. A further resistance level may holdings at 27.95. The Relative Strength Index (RSI) on the 14-day chart is 56.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 31.60%. Stochastics %K at 70.86% indicates the stock is a holding.
The most recent change occurred on January 30, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $27 price target.