KD Logo

A Guide To The Risks Of Investing In Blackstone Mortgage Trust Inc (BXMT)

In a filing, Blackstone Mortgage Trust Inc revealed its CEO & President Keenan Katharine A unloaded Company’s shares for reported $48086.0 on Mar 03 ’25. In the deal valued at $20.70 per share,2,323 shares were sold. As a result of this transaction, Keenan Katharine A now holds 248,487 shares worth roughly $5.02 million.

Then, Marone Anthony F. JR sold 508 shares, generating $10,518 in total proceeds. Upon selling the shares at $20.70, the Chief Financial Officer now owns 66,613 shares.

Before that, Marone Anthony F. JR bought 508 shares. Blackstone Mortgage Trust Inc shares valued at $10,518 were divested by the Officer at a price of $20.70 per share.

Wolfe Research upgraded its Blackstone Mortgage Trust Inc [BXMT] rating to an Outperform from a a Peer perform in a research note published recently. Wolfe Research began covering BXMT with “Peer perform” recommendation on June 25, 2024. BofA Securities revised its rating on March 04, 2024. It rated BXMT as “a Neutral” which previously was an “a Buy”.

Price Performance Review of BXMT

On Tuesday, Blackstone Mortgage Trust Inc [NYSE:BXMT] saw its stock fall -0.54% to $20.22. Over the last five days, the stock has gained 0.65%. Blackstone Mortgage Trust Inc shares have risen nearly 16.14% since the year began. Nevertheless, the stocks have risen 10.36% over the past one year. While a 52-week high of $21.09 was reached on 02/20/25, a 52-week low of $15.73 was recorded on 01/10/25. SMA at 50 days reached $18.88, while 200 days put it at $18.43.

Levels Of Support And Resistance For BXMT Stock

The 24-hour chart illustrates a support level at 19.98, which if violated will result in even more drops to 19.74. On the upside, there is a resistance level at 20.53. A further resistance level may holdings at 20.84. The Relative Strength Index (RSI) on the 14-day chart is 57.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.92%. Stochastics %K at 45.43% indicates the stock is a holding.

The most recent change occurred on December 06, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $23.50 price target.

Most Popular