Blackrock Inc’s recent filing unveils that its Officer Kushel J. Richard acquired Company’s shares for reported $0.41 million on Feb 28 ’25. In the deal valued at $949.37 per share,430 shares were bought.
Then, Kushel J. Richard sold 10,000 shares, generating $10,726,365 in total proceeds. Upon selling the shares at $1072.64, the Senior Managing Director now owns 68,433 shares.
Before that, Kushel J. Richard bought 10,000 shares. Blackrock Inc shares valued at $10,726,365 were divested by the Officer at a price of $1072.64 per share.
Wells Fargo initiated its Blackrock Inc [BLK] rating to an Overweight in a research note published on September 12, 2024; the price target was $1000. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in late August with a ‘”an Overweight”‘ rating. TD Cowen also remained covering BLK and has increased its forecast on January 16, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. JP Morgan revised its rating on December 15, 2023. It rated BLK as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of BLK
On Monday, Blackrock Inc [NYSE:BLK] saw its stock fall -1.16% to $966.47. Over the last five days, the stock has gained 1.43%. Blackrock Inc shares have fallen nearly -5.72% since the year began. Nevertheless, the stocks have risen 19.37% over the past one year. While a 52-week high of $1084.22 was reached on 01/31/25, a 52-week low of $745.55 was recorded on 02/28/25. SMA at 50 days reached $1,004.57, while 200 days put it at $926.53.
Levels Of Support And Resistance For BLK Stock
The 24-hour chart illustrates a support level at 953.28, which if violated will result in even more drops to 940.08. On the upside, there is a resistance level at 985.23. A further resistance level may holdings at 1,003.98. The Relative Strength Index (RSI) on the 14-day chart is 43.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.23%. Stochastics %K at 38.51% indicates the stock is a holding.
