Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Brighthouse Financial Inc shares valued at $610,000 were sold by Rosenthal John on Jan 31 ’25. At $61.00 per share, Rosenthal John sold 10,000 shares. The insider’s holdings dropped to 66,262 shares worth approximately $4.1 million following the completion of this transaction.
Also, Rosenthal John purchased 10,000 shares, netting a total of over 610,000 in proceeds.
Before that, Lambert Myles had sold 8,400 shares from its account. In a trade valued at $434,307, the EVP,Chief Mktg.& Dist. Officer traded Brighthouse Financial Inc shares for $51.70 each. Upon closing the transaction, the insider’s holdings decreased to 8,400 shares, worth approximately $2.07 million.
As published in a research note from Wells Fargo on February 19, 2025, Brighthouse Financial Inc [BHF] has been rated up from an Underweight to an Equal weight and the price target has been revised to $59 from $41. Analysts at Jefferies downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early February. As of January 29, 2025, Barclays has increased its “an Equal weight” rating to a “an Overweight” for BHF. Earlier on September 05, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for BHF stock.
Analyzing BHF Stock Performance
During the last five days, there has been a surge of approximately 5.78%. Over the course of the year, Brighthouse Financial Inc shares have jumped approximately 28.79%. Shares of the company reached a 52-week high of $64.12 on 02/19/25 and a 52-week low of $45.42 on 01/13/25. A 50-day SMA is recorded $52.72, while a 200-day SMA reached $47.70. Nevertheless, trading volume fell to 0.64 million shares from 0.83 million shares the previous day.
Support And Resistance Levels for Brighthouse Financial Inc (BHF)
According to the 24-hour chart, there is a support level at 61.08, which, if violated, would cause prices to drop to 60.28. In the upper region, resistance lies at 62.78. The next price resistance is at 63.68. RSI (Relative Strength Index) is 67.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.19, which suggests the price will increase in the coming days. Percent R is at 32.68%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
