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TD Cowen downgrades BorgWarner Inc (BWA) rating to a Hold

BorgWarner Inc’s filing revealed that its EVP & CHRO Wingfield Tania unloaded Company’s shares for reported $0.69 million on Mar 05 ’25. In the deal valued at $28.79 per share,24,000 shares were sold. As a result of this transaction, Wingfield Tania now holds 39,110 shares worth roughly $1.17 million.

Then, Wingfield Tania bought 24,000 shares, generating $690,938 in total proceeds.

Before that, Weng Volker sold 7,053 shares. BorgWarner Inc shares valued at $215,047 were divested by the Vice President at a price of $30.49 per share. As a result of the transaction, Weng Volker now holds 121,002 shares, worth roughly $3.61 million.

TD Cowen downgraded its BorgWarner Inc [BWA] rating to a Hold from a a Buy in a research note published recently. Piper Sandler started covering the stock on March 15, 2024. It rated BWA as “an Overweight”.

Price Performance Review of BWA

On Friday, BorgWarner Inc [NYSE:BWA] saw its stock jump 1.50% to $29.81. Over the last five days, the stock has gained 0.13%. BorgWarner Inc shares have fallen nearly -6.23% since the year began. Nevertheless, the stocks have fallen -4.82% over the past one year. While a 52-week high of $38.22 was reached on 01/27/25, a 52-week low of $27.90 was recorded on 03/04/25. SMA at 50 days reached $30.99, while 200 days put it at $33.03.

Levels Of Support And Resistance For BWA Stock

The 24-hour chart illustrates a support level at 29.23, which if violated will result in even more drops to 28.64. On the upside, there is a resistance level at 30.17. A further resistance level may holdings at 30.52. The Relative Strength Index (RSI) on the 14-day chart is 47.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.92%. Stochastics %K at 58.74% indicates the stock is a holding.

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