In a filing, BankUnited Inc revealed its Director SOBTI SANJIV acquired Company’s shares for reported $32830.0 on Mar 13 ’25. In the deal valued at $32.83 per share,1,000 shares were bought. As a result of this transaction, SOBTI SANJIV now holds 21,782 shares worth roughly $0.78 million.
Then, SOBTI SANJIV bought 2,000 shares, generating $64,140 in total proceeds. Upon buying the shares at $32.07, the Director now owns 20,782 shares.
Before that, Malcolm Kevin A. sold 3,234 shares. BankUnited Inc shares valued at $113,772 were divested by the Officer of Subsidiary at a price of $35.18 per share. As a result of the transaction, Malcolm Kevin A. now holds 12,250 shares, worth roughly $0.44 million.
Piper Sandler upgraded its BankUnited Inc [BKU] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid November from “an Equal weight” to “an Overweight”. Hovde Group also remained covering BKU and reiterated its “an Outperform” recommendation on July 19, 2024. Barclays started covering the stock on March 08, 2024. It rated BKU as “an Equal weight”.
Price Performance Review of BKU
On Monday, BankUnited Inc [NYSE:BKU] saw its stock jump 3.06% to $35.74. Over the last five days, the stock has gained 4.08%. BankUnited Inc shares have fallen nearly -6.37% since the year began. Nevertheless, the stocks have risen 31.06% over the past one year. While a 52-week high of $44.45 was reached on 01/27/25, a 52-week low of $24.34 was recorded on 03/10/25. SMA at 50 days reached $37.90, while 200 days put it at $36.50.
Levels Of Support And Resistance For BKU Stock
The 24-hour chart illustrates a support level at 35.26, which if violated will result in even more drops to 34.79. On the upside, there is a resistance level at 36.05. A further resistance level may holdings at 36.37. The Relative Strength Index (RSI) on the 14-day chart is 49.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.05%. Stochastics %K at 71.01% indicates the stock is a holding.
How much short interest is there in BankUnited Inc?
A steep rise in short interest was recorded in BankUnited Inc stocks on 2025-02-28, dropping by -0.1 million shares to a total of 2.47 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.57 million shares. There was a decline of -4.12%, which implies that there is a negative sentiment for the stock.
