Blackstone Mortgage Trust Inc’s recent filing unveils that its CEO & President Keenan Katharine A unloaded Company’s shares for reported $47913.0 on Mar 17 ’25. In the deal valued at $20.70 per share,2,315 shares were sold. As a result of this transaction, Keenan Katharine A now holds 246,172 shares worth roughly $5.15 million.
Then, Marone Anthony F. JR sold 506 shares, generating $10,447 in total proceeds. Upon selling the shares at $20.65, the Chief Financial Officer now owns 66,107 shares.
Before that, Marone Anthony F. JR bought 506 shares. Blackstone Mortgage Trust Inc shares valued at $10,447 were divested by the Officer at a price of $20.65 per share.
Wolfe Research upgraded its Blackstone Mortgage Trust Inc [BXMT] rating to an Outperform from a a Peer perform in a research note published recently. Wolfe Research began covering BXMT with “Peer perform” recommendation on June 25, 2024. BofA Securities revised its rating on March 04, 2024. It rated BXMT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of BXMT
On Tuesday, Blackstone Mortgage Trust Inc [NYSE:BXMT] saw its stock jump 0.29% to $20.91. Over the last five days, the stock has gained 3.41%. Blackstone Mortgage Trust Inc shares have risen nearly 20.10% since the year began. Nevertheless, the stocks have risen 16.56% over the past one year. While a 52-week high of $21.09 was reached on 02/20/25, a 52-week low of $15.73 was recorded on 01/10/25. SMA at 50 days reached $19.16, while 200 days put it at $18.52.
Levels Of Support And Resistance For BXMT Stock
The 24-hour chart illustrates a support level at 20.79, which if violated will result in even more drops to 20.67. On the upside, there is a resistance level at 21.00. A further resistance level may holdings at 21.09. The Relative Strength Index (RSI) on the 14-day chart is 64.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 4.67%. Stochastics %K at 90.63% indicates the stock is a selling.
How much short interest is there in Blackstone Mortgage Trust Inc?
A steep rise in short interest was recorded in Blackstone Mortgage Trust Inc stocks on 2025-02-28, dropping by -1.67 million shares to a total of 17.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 19.48 million shares. There was a decline of -9.39%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 06, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $23.50 price target.
