Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. BuzzFeed Inc shares valued at $618,383 were sold by KERINS PATRICK J on Mar 14 ’25. At $2.26 per share, KERINS PATRICK J sold 273,246 shares. The insider’s holdings dropped to 3,401,499 shares worth approximately $7.31 million following the completion of this transaction.
Also, KERINS PATRICK J sold 61,448 shares, netting a total of over 123,769 in proceeds. Following the sale of shares at $2.01 each, the insider now holds 3,674,745 shares.
Before that, KERINS PATRICK J had sold 28,272 shares from its account. In a trade valued at $55,854, the 10% Owner traded BuzzFeed Inc shares for $1.98 each. Upon closing the transaction, the insider’s holdings decreased to 28,272 shares, worth approximately $8.03 million.
As published in a research note from Cowen on November 22, 2022, BuzzFeed Inc [BZFD] has been rated down from an Outperform to a Market perform and the price target has been revised to $2 from $3. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in mid August. As of February 04, 2022, BofA Securities has initiated its “Neutral” rating for BZFD. Earlier on January 12, 2022, Craig Hallum initiated its rating. Their recommendation was “a Buy” for BZFD stock.
Analyzing BZFD Stock Performance
During the last five days, there has been a drop of approximately -2.27%. Over the course of the year, BuzzFeed Inc shares have dropped approximately -19.48%. Shares of the company reached a 52-week high of $3.12 on 01/06/25 and a 52-week low of $1.89 on 03/04/25. A 50-day SMA is recorded $2.34, while a 200-day SMA reached $2.72.
Support And Resistance Levels for BuzzFeed Inc (BZFD)
According to the 24-hour chart, there is a support level at 2.10, which, if violated, would cause prices to drop to 2.05. In the upper region, resistance lies at 2.22. The next price resistance is at 2.29. RSI (Relative Strength Index) is 46.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 51.02%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.