Brixmor Property Group Inc’s recent filing unveils that its Director Bowerman Julie unloaded Company’s shares for reported $0.36 million on Feb 26 ’25. In the deal valued at $27.49 per share,13,200 shares were sold. As a result of this transaction, Bowerman Julie now holds 17,868 shares worth roughly $0.46 million.
Then, SIEGEL STEVEN F sold 14,540 shares, generating $400,577 in total proceeds. Upon selling the shares at $27.55, the insider now owns 338,117 shares.
Before that, SIEGEL STEVEN F sold 10,460 shares. Brixmor Property Group Inc shares valued at $288,696 were divested by the insider at a price of $27.60 per share. As a result of the transaction, SIEGEL STEVEN F now holds 327,657 shares, worth roughly $8.5 million.
Jefferies upgraded its Brixmor Property Group Inc [BRX] rating to a Buy from a a Hold in a research note published on February 14, 2025; the price target was increased to $33 from $28. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid February from “an In-line” to “an Outperform”. BMO Capital Markets also remained covering BRX and has increased its forecast on December 06, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Mizuho revised its rating on February 23, 2024. It rated BRX as “a Neutral” which previously was an “a Buy”.
Price Performance Review of BRX
On Monday, Brixmor Property Group Inc [NYSE:BRX] saw its stock jump 1.92% to $25.95. Over the last five days, the stock has lost -1.37%. Brixmor Property Group Inc shares have fallen nearly -6.79% since the year began. Nevertheless, the stocks have risen 15.59% over the past one year. While a 52-week high of $30.67 was reached on 02/14/25, a 52-week low of $20.80 was recorded on 03/14/25. SMA at 50 days reached $26.69, while 200 days put it at $26.47.
Levels Of Support And Resistance For BRX Stock
The 24-hour chart illustrates a support level at 25.67, which if violated will result in even more drops to 25.40. On the upside, there is a resistance level at 26.11. A further resistance level may holdings at 26.27. The Relative Strength Index (RSI) on the 14-day chart is 41.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.76%. Stochastics %K at 11.82% indicates the stock is a buying.
How much short interest is there in Brixmor Property Group Inc?
A steep rise in short interest was recorded in Brixmor Property Group Inc stocks on 2025-02-28, growing by 1.01 million shares to a total of 11.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.3 million shares. There was a rise of 8.9%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 30, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $27 price target.
