Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Brilliant Earth Group Inc shares valued at $48,196 were sold by Kuo Jeffrey Chuenhong on Feb 18 ’25. At $1.52 per share, Kuo Jeffrey Chuenhong sold 31,708 shares. The insider’s holdings dropped to 449,981 shares worth approximately $0.66 million following the completion of this transaction.
Also, Dziesietnik Sharon sold 20,792 shares, netting a total of over 31,188 in proceeds. Following the sale of shares at $1.50 each, the insider now holds 371,329 shares.
Before that, Kuo Jeffrey Chuenhong had added 31,708 shares to its account. In a trade valued at $52,001, the Officer bought Brilliant Earth Group Inc shares for $1.64 each.
As published in a research note from Jefferies on February 04, 2025, Brilliant Earth Group Inc [BRLT] has been rated down from a Buy to a Hold and the price target has been revised to $1.60 from $4. Analysts at Telsey Advisory Group downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in mid December. As of August 09, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for BRLT. Earlier on August 09, 2024, William Blair downgraded its rating. Their new recommendation was “a Mkt perform” for BRLT stock which previously was a “an Outperform”.
Analyzing BRLT Stock Performance
During the last five days, there has been a surge of approximately 5.80%. Over the course of the year, Brilliant Earth Group Inc shares have dropped approximately -30.48%. Shares of the company reached a 52-week high of $2.3000 on 01/23/25 and a 52-week low of $1.2500 on 02/18/25. A 50-day SMA is recorded $1.6751, while a 200-day SMA reached $1.9581.
Support And Resistance Levels for Brilliant Earth Group Inc (BRLT)
According to the 24-hour chart, there is a support level at 1.2967, which, if violated, would cause prices to drop to 1.1333. In the upper region, resistance lies at 1.7867. The next price resistance is at 2.1133. RSI (Relative Strength Index) is 48.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0096, which suggests the price will decrease in the coming days. Percent R is at 71.01%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
