KD Logo

Analyzing Boyd Gaming Corp (BYD) After Recent Trading Activity

Boyd Gaming Corp’s filing revealed that its Director BOYD WILLIAM R unloaded Company’s shares for reported $1.19 million on Feb 19 ’25. In the deal valued at $79.32 per share,15,000 shares were sold. As a result of this transaction, BOYD WILLIAM R now holds 1,472,970 shares worth roughly $109.49 million.

Then, William R. Boyd bought 15,000 shares, generating $1,182,900 in total proceeds.

Before that, JOHNSON MARIANNE BOYD sold 50,000 shares. Boyd Gaming Corp shares valued at $3,884,000 were divested by the Executive Chairman at a price of $77.68 per share. As a result of the transaction, JOHNSON MARIANNE BOYD now holds 1,346,628 shares, worth roughly $100.09 million.

Morgan Stanley downgraded its Boyd Gaming Corp [BYD] rating to an Equal-weight from a an Overweight in a research note published on February 24, 2025; the price target was decreased to $81 from $82. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Argus also remained covering BYD and has increased its forecast on December 17, 2024 with a “Buy” recommendation from previously “Hold” rating. Morgan Stanley revised its rating on September 04, 2024. It rated BYD as “an Overweight” which previously was an “an Equal-weight”.

Price Performance Review of BYD

On Monday, Boyd Gaming Corp [NYSE:BYD] saw its stock fall -2.53% to $74.33. Over the last five days, the stock has lost -2.82%. Boyd Gaming Corp shares have risen nearly 2.47% since the year began. Nevertheless, the stocks have risen 16.21% over the past one year. While a 52-week high of $80.50 was reached on 02/07/25, a 52-week low of $49.34 was recorded on 01/10/25. SMA at 50 days reached $75.02, while 200 days put it at $65.09.

Levels Of Support And Resistance For BYD Stock

The 24-hour chart illustrates a support level at 72.97, which if violated will result in even more drops to 71.60. On the upside, there is a resistance level at 76.48. A further resistance level may holdings at 78.63. The Relative Strength Index (RSI) on the 14-day chart is 39.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.75%. Stochastics %K at 14.68% indicates the stock is a buying.

The most recent change occurred on May 21, 2024 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $67 price target.

Most Popular