Bloomin Brands Inc’s filing revealed that its EVP, Pres Outback Steakhouse Hafner Patrick M unloaded Company’s shares for reported $79498.0 on Mar 04 ’25. In the deal valued at $8.32 per share,9,555 shares were sold. As a result of this transaction, Hafner Patrick M now holds 0 shares worth roughly $0.0.
Then, Spanos Mike bought 118,000 shares, generating $1,018,340 in total proceeds. Upon buying the shares at $8.63, the CEO now owns 118,000 shares.
Before that, Kunkel Julie T. bought 1,500 shares. Bloomin Brands Inc shares valued at $14,910 were divested by the Director at a price of $9.94 per share. As a result of the transaction, Kunkel Julie T. now holds 3,565 shares, worth roughly $31336.35.
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 Friday, Bloomin Brands Inc [NASDAQ:BLMN] saw its stock jump 2.69% to $8.79. Over the last five days, the stock has lost -6.29%. Bloomin Brands Inc shares have fallen nearly -28.01% since the year began. Nevertheless, the stocks have fallen -69.54% over the past one year. While a 52-week high of $30.12 was reached on 01/31/25, a 52-week low of $8.00 was recorded on 03/04/25. SMA at 50 days reached $11.54, while 200 days put it at $15.61.
Levels Of Support And Resistance For BLMN Stock
The 24-hour chart illustrates a support level at 8.62, which if violated will result in even more drops to 8.44. On the upside, there is a resistance level at 9.12. A further resistance level may holdings at 9.45. The Relative Strength Index (RSI) on the 14-day chart is 30.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.33%. Stochastics %K at 14.91% indicates the stock is a buying.
