BorgWarner Inc’s recently made public that its Vice President Weng Volker unloaded Company’s shares for reported $0.3 million on Mar 10 ’25. In the deal valued at $30.29 per share,9,764 shares were sold. As a result of this transaction, Weng Volker now holds 103,986 shares worth roughly $2.98 million.
Then, CALAWAY TONIT M sold 8,300 shares, generating $249,582 in total proceeds. Upon selling the shares at $30.07, the EVP, CAO, Gen Counsel & Sec now owns 242,257 shares.
Before that, CALAWAY TONIT M bought 8,300 shares. BorgWarner Inc shares valued at $249,582 were divested by the Officer at a price of $30.07 per share.
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 3.31% to $28.70. Over the last five days, the stock has lost -3.72%. BorgWarner Inc shares have fallen nearly -9.72% since the year began. Nevertheless, the stocks have fallen -11.80% over the past one year. While a 52-week high of $38.22 was reached on 01/27/25, a 52-week low of $27.65 was recorded on 03/13/25. SMA at 50 days reached $30.66, while 200 days put it at $32.85.
Levels Of Support And Resistance For BWA Stock
The 24-hour chart illustrates a support level at 28.23, which if violated will result in even more drops to 27.76. On the upside, there is a resistance level at 28.95. A further resistance level may holdings at 29.20. The Relative Strength Index (RSI) on the 14-day chart is 42.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.16%. Stochastics %K at 21.63% indicates the stock is a holding.
How much short interest is there in BorgWarner Inc?
A steep rise in short interest was recorded in BorgWarner Inc stocks on 2025-02-28, growing by 1.36 million shares to a total of 12.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 11.34 million shares. There was a rise of 10.7%, which implies that there is a positive sentiment for the stock.
