Baker Hughes Co’s filing revealed that its Officer Apostolides James E acquired Company’s shares for reported $0.2 million on Mar 07 ’25. In the deal valued at $42.21 per share,4,660 shares were bought.
Then, Buese Nancy sold 80,000 shares, generating $3,709,600 in total proceeds. Upon selling the shares at $46.37, the EVP & Chief Financial Officer now owns 6,299 shares.
Before that, Buese Nancy bought 80,000 shares. Baker Hughes Co shares valued at $3,697,496 were divested by the Officer at a price of $46.22 per share.
Piper Sandler initiated its Baker Hughes Co [BKR] rating to an Overweight in a research note published on December 19, 2024; the price target was $53. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Wells Fargo also remained covering BKR and has increased its forecast on September 25, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. TD Cowen maintained its rating on July 29, 2024. It rated BKR as “a Buy”.
Price Performance Review of BKR
On Friday, Baker Hughes Co [NASDAQ:BKR] saw its stock jump 2.36% to $42.89. Over the last five days, the stock has lost -3.81%. Baker Hughes Co shares have risen nearly 4.56% since the year began. Nevertheless, the stocks have risen 42.16% over the past one year. While a 52-week high of $49.40 was reached on 02/06/25, a 52-week low of $30.43 was recorded on 01/02/25. SMA at 50 days reached $44.52, while 200 days put it at $38.63.
Levels Of Support And Resistance For BKR Stock
The 24-hour chart illustrates a support level at 42.01, which if violated will result in even more drops to 41.13. On the upside, there is a resistance level at 43.61. A further resistance level may holdings at 44.32. The Relative Strength Index (RSI) on the 14-day chart is 41.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.69%. Stochastics %K at 16.38% indicates the stock is a buying.
