The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Blue Bird Corp shares valued at $17,425 were purchased by Thau Daniel Mark on Feb 18 ’25. At $34.85 per share, Thau Daniel Mark acquired 500 shares. The insider’s holdings grew to 1,200 shares worth approximately $42180.0 following the completion of this transaction.
Also, Radulescu Razvan sold 2,848 shares, netting a total of over 108,566 in proceeds. Following the sale of shares at $38.12 each, the insider now holds 88,664 shares.
Before that, Radulescu Razvan had added 2,848 shares to its account. In a trade valued at $108,250, the Officer bought Blue Bird Corp shares for $38.01 each.
As published in their initiating research note from BTIG Research on October 09, 2024, Blue Bird Corp [BLBD] has been a Buy and the price target has been revised to $55. Analysts at ROTH MKM downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of July 17, 2024, Needham has reiterated its “Buy” rating for BLBD. Earlier on February 29, 2024, Needham initiated its rating. Their recommendation was “a Buy” for BLBD stock.
Analyzing BLBD Stock Performance
During the last five days, there has been a drop of approximately -0.09%. Over the course of the year, Blue Bird Corp shares have dropped approximately -9.01%. Shares of the company reached a 52-week high of $43.53 on 01/06/25 and a 52-week low of $33.51 on 02/03/25. A 50-day SMA is recorded $38.85, while a 200-day SMA reached $45.75. Nevertheless, trading volume fell to 0.72 million shares from 1.02 million shares the previous day.
Support And Resistance Levels for Blue Bird Corp (BLBD)
According to the 24-hour chart, there is a support level at 34.49, which, if violated, would cause prices to drop to 33.82. In the upper region, resistance lies at 36.31. The next price resistance is at 37.46. RSI (Relative Strength Index) is 42.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.59, which suggests the price will decrease in the coming days. Percent R is at 77.70%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
