Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Bath & Body Works Inc shares valued at $1,673,218 were purchased by JULIE B ROSEN on Dec 10 ’24. At $39.03 per share, JULIE B ROSEN acquired 42,874 shares.
Also, Boswell Gina purchased 6,000 shares, netting a total of over 177,852 in proceeds. Following the buying of shares at $29.64 each, the insider now holds 242,987 shares.
Before that, Nash Sarah E had sold 48,000 shares from its account. In a trade valued at $1,992,120, the Director traded Bath & Body Works Inc shares for $41.50 each. Upon closing the transaction, the insider’s holdings decreased to 48,000 shares, worth approximately $4.37 million.
As published in a research note from Citigroup on February 28, 2025, Bath & Body Works Inc [BBWI] has been rated up from a Neutral to a Buy and the price target has been revised to $48 from $40. Analysts at Barclays upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in late February. As of February 18, 2025, JP Morgan has increased its “Neutral” rating to a “an Overweight” for BBWI. Earlier on January 10, 2025, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for BBWI stock which previously was a “an Equal weight”.
Analyzing BBWI Stock Performance
During the last five days, there has been a drop of approximately -15.40%. Over the course of the year, Bath & Body Works Inc shares have dropped approximately -24.45%. Shares of the company reached a 52-week high of $41.87 on 02/26/25 and a 52-week low of $29.15 on 03/12/25. A 50-day SMA is recorded $36.83, while a 200-day SMA reached $35.55.
Support And Resistance Levels for Bath & Body Works Inc (BBWI)
According to the 24-hour chart, there is a support level at 28.64, which, if violated, would cause prices to drop to 27.98. In the upper region, resistance lies at 30.46. The next price resistance is at 31.62. RSI (Relative Strength Index) is 26.50 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.35, which suggests the price will decrease in the coming days. Percent R is at 98.90%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
