In a filing, Baker Hughes Co revealed its Officer Buese Nancy acquired Company’s shares for reported $3.7 million on Feb 21 ’25. In the deal valued at $46.22 per share,80,000 shares were bought.
Then, Apostolides James E sold 7,681 shares, generating $358,319 in total proceeds. Upon selling the shares at $46.65, the SVP, Enterprise Op Excellence now owns 19,596 shares.
Before that, Apostolides James E bought 7,681 shares. Baker Hughes Co shares valued at $358,319 were divested by the Officer at a price of $46.65 per share.
Piper Sandler initiated its Baker Hughes Co [BKR] rating to an Overweight in a research note published on December 19, 2024; the price target was $53. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Wells Fargo also remained covering BKR and has increased its forecast on September 25, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. TD Cowen maintained its rating on July 29, 2024. It rated BKR as “a Buy”.
Price Performance Review of BKR
On Friday, Baker Hughes Co [NASDAQ:BKR] saw its stock fall -2.19% to $44.62. Over the last five days, the stock has lost -3.84%. Baker Hughes Co shares have risen nearly 8.78% since the year began. Nevertheless, the stocks have risen 52.08% over the past one year. While a 52-week high of $49.40 was reached on 02/06/25, a 52-week low of $28.88 was recorded on 01/02/25. SMA at 50 days reached $44.17, while 200 days put it at $38.15.
Levels Of Support And Resistance For BKR Stock
The 24-hour chart illustrates a support level at 44.03, which if violated will result in even more drops to 43.45. On the upside, there is a resistance level at 45.69. A further resistance level may holdings at 46.76. The Relative Strength Index (RSI) on the 14-day chart is 43.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.85%. Stochastics %K at 13.31% indicates the stock is a buying.
