In a filing, Bloomin Brands Inc revealed its Director Kunkel Julie T. acquired Company’s shares for reported $14910.0 on Feb 28 ’25. In the deal valued at $9.94 per share,1,500 shares were bought. As a result of this transaction, Kunkel Julie T. now holds 3,565 shares worth roughly $29375.600000000002.
Then, Lal Rohit bought 10,000 shares, generating $96,200 in total proceeds. Upon buying the shares at $9.62, the Director now owns 14,018 shares.
Before that, Hafner Patrick M bought 9,555 shares. Bloomin Brands Inc shares valued at $79,455 were divested by the Officer at a price of $8.32 per share.
BofA Securities downgraded its Bloomin Brands Inc [BLMN] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “an Equal weight”. Goldman began covering BLMN with “Sell” recommendation on December 05, 2024. Raymond James revised its rating on November 11, 2024. It rated BLMN as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of BLMN
On Tuesday, Bloomin Brands Inc [NASDAQ:BLMN] saw its stock fall -2.31% to $8.24. Over the last five days, the stock has lost -30.76%. Bloomin Brands Inc shares have fallen nearly -32.51% since the year began. Nevertheless, the stocks have fallen -69.68% over the past one year. While a 52-week high of $30.12 was reached on 01/31/25, a 52-week low of $8.43 was recorded on 03/04/25. SMA at 50 days reached $11.74, while 200 days put it at $15.84.
Levels Of Support And Resistance For BLMN Stock
The 24-hour chart illustrates a support level at 7.99, which if violated will result in even more drops to 7.73. On the upside, there is a resistance level at 8.51. A further resistance level may holdings at 8.77. The Relative Strength Index (RSI) on the 14-day chart is 22.76, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.63%. Stochastics %K at 4.00% indicates the stock is a buying.
