Burlington Stores Inc’s filing revealed that its Group President and CMO Vecchio Jennifer unloaded Company’s shares for reported $0.14 million on Feb 03 ’25. In the deal valued at $275.75 per share,493 shares were sold. As a result of this transaction, Vecchio Jennifer now holds 58,944 shares worth roughly $ 14.53 million.
Then, Vecchio Jennifer bought 493 shares, generating $136,674 in total proceeds.
Before that, Vecchio Jennifer sold 494 shares. Burlington Stores Inc shares valued at $140,764 were divested by the Group President and CMO at a price of $284.95 per share. As a result of the transaction, Vecchio Jennifer now holds 59,437 shares, worth roughly $14.65 million.
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 jump 0.59% to $246.55. Over the last five days, the stock has lost -3.12%. Burlington Stores Inc shares have fallen nearly -13.51% since the year began. Nevertheless, the stocks have risen 26.30% 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 02/18/25. SMA at 50 days reached $281.80, while 200 days put it at $256.06.
Levels Of Support And Resistance For BURL Stock
The 24-hour chart illustrates a support level at 242.36, which if violated will result in even more drops to 238.16. On the upside, there is a resistance level at 250.86. A further resistance level may holdings at 255.16. The Relative Strength Index (RSI) on the 14-day chart is 24.97, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -18.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.75%. Stochastics %K at 4.36% indicates the stock is a buying.
