Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Boyd Gaming Corp shares valued at $1,189,800 were sold by BOYD WILLIAM R on Feb 19 ’25. At $79.32 per share, BOYD WILLIAM R sold 15,000 shares. The insider’s holdings dropped to 1,472,970 shares worth approximately $111.71 million following the completion of this transaction.
Also, William R. Boyd purchased 15,000 shares, netting a total of over 1,182,900 in proceeds.
Before that, JOHNSON MARIANNE BOYD had sold 50,000 shares from its account. In a trade valued at $3,884,000, the Executive Chairman traded Boyd Gaming Corp shares for $77.68 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $102.13 million.
As published in a research note from Morgan Stanley on February 24, 2025, Boyd Gaming Corp [BYD] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $81 from $82. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 17, 2024, Argus has increased its “Hold” rating to a “Buy” for BYD. Earlier on September 04, 2024, Morgan Stanley upgraded its rating. Their new recommendation was “an Overweight” for BYD stock which previously was a “an Equal-weight”.
Analyzing BYD Stock Performance
During the last five days, there has been a drop of approximately -4.51%. Over the course of the year, Boyd Gaming Corp shares have jumped approximately 4.55%. Shares of the company reached a 52-week high of $80.50 on 02/07/25 and a 52-week low of $70.00 on 01/10/25. A 50-day SMA is recorded $74.98, while a 200-day SMA reached $64.88. Nevertheless, trading volume fell to 0.59 million shares from 0.68 million shares the previous day.
Support And Resistance Levels for Boyd Gaming Corp (BYD)
According to the 24-hour chart, there is a support level at 75.12, which, if violated, would cause prices to drop to 74.41. In the upper region, resistance lies at 76.72. The next price resistance is at 77.61. RSI (Relative Strength Index) is 46.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.77, which suggests the price will decrease in the coming days. Percent R is at 89.10%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
