Boise Cascade Co’s recently made public that its COO Strom Jeffrey Robert unloaded Company’s shares for reported $0.45 million on Mar 05 ’25. In the deal valued at $100.21 per share,4,500 shares were sold. As a result of this transaction, Strom Jeffrey Robert now holds 38,026 shares worth roughly $3.8 million.
Then, JEFFREY ROBERT STROM bought 4,500 shares, generating $450,957 in total proceeds.
Before that, MATULA KRISTOPHER J sold 447 shares. Boise Cascade Co shares valued at $46,564 were divested by the Director at a price of $104.17 per share. As a result of the transaction, MATULA KRISTOPHER J now holds 14,099 shares, worth roughly $1.41 million.
Loop Capital initiated its Boise Cascade Co [BCC] rating to a Buy in a research note published on November 01, 2024; the price target was $155. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid October from “a Neutral” to “an Underperform”. BofA Securities also remained covering BCC and has increased its forecast on July 10, 2023 with a “Neutral” recommendation from previously “an Underperform” rating. Truist revised its rating on June 28, 2023. It rated BCC as “a Buy” which previously was an “a Hold”.
Price Performance Review of BCC
On Monday, Boise Cascade Co [NYSE:BCC] saw its stock jump 0.65% to $100.00. Over the last five days, the stock has gained 0.84%. Boise Cascade Co shares have fallen nearly -15.87% since the year began. Nevertheless, the stocks have fallen -19.71% over the past one year. While a 52-week high of $155.42 was reached on 01/21/25, a 52-week low of $95.33 was recorded on 03/13/25. SMA at 50 days reached $115.88, while 200 days put it at $128.89.
Levels Of Support And Resistance For BCC Stock
The 24-hour chart illustrates a support level at 98.12, which if violated will result in even more drops to 96.23. On the upside, there is a resistance level at 101.34. A further resistance level may holdings at 102.67. The Relative Strength Index (RSI) on the 14-day chart is 35.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.82%. Stochastics %K at 26.63% indicates the stock is a holding.
How much short interest is there in Boise Cascade Co?
A steep rise in short interest was recorded in Boise Cascade Co stocks on 2025-02-28, dropping by -0.17 million shares to a total of 1.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.27 million shares. There was a decline of -15.47%, which implies that there is a negative sentiment for the stock.
