Barnes & Noble Education Inc’s recent filing unveils that its Director TORO 18 HOLDINGS LLC acquired Company’s shares for reported $1.23 million on Mar 13 ’25. In the deal valued at $8.60 per share,142,898 shares were bought. As a result of this transaction, TORO 18 HOLDINGS LLC now holds 11,208,746 shares worth roughly $110.97 million.
Then, TORO 18 HOLDINGS LLC bought 59,146 shares, generating $502,309 in total proceeds. Upon buying the shares at $8.49, the Director now owns 11,065,848 shares.
Before that, Lids Holdings, Inc. sold 1,500,000 shares. Barnes & Noble Education Inc shares valued at $16,875,000 were divested by the 10% Owner at a price of $11.25 per share. As a result of the transaction, Lids Holdings, Inc. now holds 2,976,614 shares, worth roughly $29.47 million.
Needham reiterated its Barnes & Noble Education Inc [BNED] rating to a Buy in a research note published on March 10, 2021; the price target was $9. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in early September from “a Hold” to “a Buy”. Craig Hallum also remained covering BNED and has decreased its forecast on March 16, 2020 with a “Hold” recommendation from previously “Buy” rating. Sidoti revised its rating on September 17, 2019. It rated BNED as “a Neutral” which previously was an “a Buy”.
Price Performance Review of BNED
On Friday, Barnes & Noble Education Inc [NYSE:BNED] saw its stock jump 13.40% to $9.90. Over the last five days, the stock has gained 3.77%. Barnes & Noble Education Inc shares have fallen nearly -1.39% since the year began. Nevertheless, the stocks have fallen -84.01% over the past one year. While a 52-week high of $135.00 was reached on 01/13/25, a 52-week low of $6.05 was recorded on 03/12/25. SMA at 50 days reached $10.37, while 200 days put it at $11.79.
Levels Of Support And Resistance For BNED Stock
The 24-hour chart illustrates a support level at 9.06, which if violated will result in even more drops to 8.21. On the upside, there is a resistance level at 10.39. A further resistance level may holdings at 10.87. The Relative Strength Index (RSI) on the 14-day chart is 51.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.00%. Stochastics %K at 43.21% indicates the stock is a holding.
How much short interest is there in Barnes & Noble Education Inc?
A steep rise in short interest was recorded in Barnes & Noble Education Inc stocks on 2025-02-28, growing by 0.25 million shares to a total of 0.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.54 million shares. There was a rise of 31.73%, which implies that there is a positive sentiment for the stock.
