Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Brunswick Corp shares valued at $215,989 were sold by ALTMAN RANDALL S on Feb 26 ’25. At $63.21 per share, ALTMAN RANDALL S sold 3,417 shares. The insider’s holdings dropped to 26,683 shares worth approximately $1.61 million following the completion of this transaction.
Also, ALTMAN RANDALL S purchased 3,417 shares, netting a total of over 214,383 in proceeds.
Before that, Preisser Brenna had sold 1,600 shares from its account. In a trade valued at $103,808, the E.V.P. & President Boat Group traded Brunswick Corp shares for $64.88 each. Upon closing the transaction, the insider’s holdings decreased to 1,600 shares, worth approximately $3.96 million.
As published in a research note from B. Riley Securities on November 26, 2024, Brunswick Corp [BC] has been rated down from a Buy to a Neutral and the price target has been revised to $88 from $95. Analysts at Northcoast upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late July. As of May 22, 2024, The Benchmark Company has initiated its “Buy” rating for BC. Earlier on April 15, 2024, Exane BNP Paribas downgraded its rating. Their new recommendation was “a Neutral” for BC stock which previously was a “an Outperform”.
Analyzing BC Stock Performance
During the last five days, there has been a drop of approximately -5.89%. Over the course of the year, Brunswick Corp shares have dropped approximately -6.85%. Shares of the company reached a 52-week high of $73.46 on 01/30/25 and a 52-week low of $60.06 on 02/27/25. A 50-day SMA is recorded $66.25, while a 200-day SMA reached $75.69.
Support And Resistance Levels for Brunswick Corp (BC)
According to the 24-hour chart, there is a support level at 59.41, which, if violated, would cause prices to drop to 58.56. In the upper region, resistance lies at 61.75. The next price resistance is at 63.24. RSI (Relative Strength Index) is 32.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.71, which suggests the price will decrease in the coming days. Percent R is at 97.24%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
