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. BankUnited Inc shares valued at $113,772 were sold by Malcolm Kevin A. on Mar 05 ’25. At $35.18 per share, Malcolm Kevin A. sold 3,234 shares. The insider’s holdings dropped to 12,250 shares worth approximately $0.41 million following the completion of this transaction.
Also, Malcolm Kevin A. purchased 3,234 shares, netting a total of over 113,772 in proceeds.
Before that, Richards Jay D. had sold 2,500 shares from its account. In a trade valued at $102,950, the Officer of Subsidiary traded BankUnited Inc shares for $41.18 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $1.17 million.
As published in a research note from Wells Fargo on November 13, 2024, BankUnited Inc [BKU] has been rated up from an Equal weight to an Overweight and the price target has been revised to $48 from $38. Analysts at Hovde Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in mid July. As of March 08, 2024, Barclays has initiated its “an Equal weight” rating for BKU. Earlier on January 08, 2024, UBS downgraded its rating. Their new recommendation was “a Sell” for BKU stock which previously was a “a Neutral”.
Analyzing BKU Stock Performance
During the last five days, there has been a drop of approximately -9.10%. Over the course of the year, BankUnited Inc shares have dropped approximately -11.32%. Shares of the company reached a 52-week high of $42.19 on 01/27/25 and a 52-week low of $33.54 on 03/06/25. A 50-day SMA is recorded $39.00, while a 200-day SMA reached $36.18.
Support And Resistance Levels for BankUnited Inc (BKU)
According to the 24-hour chart, there is a support level at 33.41, which, if violated, would cause prices to drop to 32.97. In the upper region, resistance lies at 34.42. The next price resistance is at 34.99. RSI (Relative Strength Index) is 21.84 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.00, which suggests the price will decrease in the coming days. Percent R is at 95.91%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
