biote Corp’s recent filing unveils that its 10% Owner Guines LLC acquired Company’s shares for reported $2.41 million on Mar 13 ’25. In the deal valued at $3.22 per share,750,000 shares were bought. As a result of this transaction, Guines LLC now holds 3,820,938 shares worth roughly $15.28 million.
Then, Guines LLC bought 106,509 shares, generating $372,270 in total proceeds. Upon buying the shares at $3.50, the 10% Owner now owns 3,927,447 shares.
Before that, Guines LLC bought 100 shares. biote Corp shares valued at $374 were divested by the 10% Owner at a price of $3.74 per share. As a result of the transaction, Guines LLC now holds 3,927,547 shares, worth roughly $15.71 million.
Craig Hallum initiated its biote Corp [BTMD] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Jefferies began covering BTMD with “Buy” recommendation on February 01, 2024. Cowen started covering the stock on June 24, 2022. It rated BTMD as “an Outperform”.
Price Performance Review of BTMD
On Monday, biote Corp [NASDAQ:BTMD] saw its stock jump 6.38% to $4.00. Over the last five days, the stock has lost -2.68%. biote Corp shares have fallen nearly -35.28% since the year began. Nevertheless, the stocks have fallen -34.32% over the past one year. While a 52-week high of $8.44 was reached on 01/02/25, a 52-week low of $3.04 was recorded on 03/13/25. SMA at 50 days reached $4.96, while 200 days put it at $5.98.
Levels Of Support And Resistance For BTMD Stock
The 24-hour chart illustrates a support level at 3.69, which if violated will result in even more drops to 3.37. On the upside, there is a resistance level at 4.17. A further resistance level may holdings at 4.34. The Relative Strength Index (RSI) on the 14-day chart is 43.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.14%. Stochastics %K at 35.08% indicates the stock is a holding.
How much short interest is there in biote Corp?
A steep rise in short interest was recorded in biote Corp stocks on 2025-02-28, dropping by 51778.0 shares to a total of 0.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.7 million shares. There was a decline of -7.95%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 23, 2022 when ROTH Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $9 price target.
