The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Brighthouse Financial Inc shares valued at $177,990 were sold by Huss Vonda on Mar 03 ’25. At $59.33 per share, Huss Vonda sold 3,000 shares. The insider’s holdings dropped to 21,441 shares worth approximately $1.21 million following the completion of this transaction.
Also, Lambert Myles sold 8,400 shares, netting a total of over 503,336 in proceeds. Following the sale of shares at $59.92 each, the insider now holds 35,777 shares.
Before that, Lambert Myles had added 8,400 shares to its account. In a trade valued at $503,265, the Officer bought Brighthouse Financial Inc shares for $59.91 each.
As published in a research note from Wells Fargo on February 19, 2025, Brighthouse Financial Inc [BHF] has been rated up from an Underweight to an Equal weight and the price target has been revised to $59 from $41. Analysts at Jefferies downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early February. As of January 29, 2025, Barclays has increased its “an Equal weight” rating to a “an Overweight” for BHF. Earlier on September 05, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for BHF stock.
Analyzing BHF Stock Performance
During the last five days, there has been a drop of approximately -3.34%. Over the course of the year, Brighthouse Financial Inc shares have jumped approximately 17.30%. Shares of the company reached a 52-week high of $64.12 on 02/19/25 and a 52-week low of $45.42 on 01/13/25. A 50-day SMA is recorded $54.38, while a 200-day SMA reached $48.18.
Support And Resistance Levels for Brighthouse Financial Inc (BHF)
According to the 24-hour chart, there is a support level at 54.81, which, if violated, would cause prices to drop to 53.26. In the upper region, resistance lies at 57.45. The next price resistance is at 58.54. RSI (Relative Strength Index) is 45.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.98, which suggests the price will decrease in the coming days. Percent R is at 75.07%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
