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Monitoring Blue Bird Corp (BLBD) after recent insider movements

In a filing, Blue Bird Corp revealed its Director Thau Daniel Mark acquired Company’s shares for reported $17425.0 on Feb 18 ’25. In the deal valued at $34.85 per share,500 shares were bought. As a result of this transaction, Thau Daniel Mark now holds 1,200 shares worth roughly $42168.0.

Then, Radulescu Razvan sold 2,848 shares, generating $108,566 in total proceeds. Upon selling the shares at $38.12, the Chief Financial Officer now owns 88,664 shares.

Before that, Radulescu Razvan bought 2,848 shares. Blue Bird Corp shares valued at $108,250 were divested by the Officer at a price of $38.01 per share.

BTIG Research initiated its Blue Bird Corp [BLBD] rating to a Buy in a research note published on October 09, 2024; the price target was $55. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Neutral”. Needham also remained covering BLBD and reiterated its “Buy” recommendation on July 17, 2024. Needham started covering the stock on February 29, 2024. It rated BLBD as “a Buy”.

Price Performance Review of BLBD

On Friday, Blue Bird Corp [NASDAQ:BLBD] saw its stock jump 0.77% to $35.14. Over the last five days, the stock has gained 0.17%. Blue Bird Corp shares have fallen nearly -9.03% since the year began. Nevertheless, the stocks have risen 6.52% over the past one year. While a 52-week high of $59.40 was reached on 01/06/25, a 52-week low of $31.42 was recorded on 02/03/25. SMA at 50 days reached $38.54, while 200 days put it at $45.62.

Levels Of Support And Resistance For BLBD Stock

The 24-hour chart illustrates a support level at 34.64, which if violated will result in even more drops to 34.14. On the upside, there is a resistance level at 35.57. A further resistance level may holdings at 36.00. The Relative Strength Index (RSI) on the 14-day chart is 42.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.89%. Stochastics %K at 20.47% indicates the stock is a holding.

The most recent change occurred on September 11, 2023 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $25 price target.

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