Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Bloomin Brands Inc shares valued at $79,498 were sold by Hafner Patrick M on Mar 04 ’25. At $8.32 per share, Hafner Patrick M sold 9,555 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Spanos Mike purchased 118,000 shares, netting a total of over 1,018,340 in proceeds. Following the buying of shares at $8.63 each, the insider now holds 118,000 shares.
Before that, Kunkel Julie T. had added 1,500 shares to its account. In a trade valued at $14,910, the Director bought Bloomin Brands Inc shares for $9.94 each. Upon closing the transaction, the insider’s holdings increased to 1,500 shares, worth approximately $28270.45.
As published in a research note from BofA Securities on January 27, 2025, Bloomin Brands Inc [BLMN] has been rated down from a Neutral to an Underperform and the price target has been revised to $13. Analysts at Barclays downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early January. As of December 05, 2024, Goldman has initiated its “Sell” rating for BLMN. Earlier on November 11, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for BLMN stock which previously was a “an Outperform”.
Analyzing BLMN Stock Performance
During the last five days, there has been a drop of approximately -0.13%. Over the course of the year, Bloomin Brands Inc shares have dropped approximately -35.05%. Shares of the company reached a 52-week high of $12.97 on 01/31/25 and a 52-week low of $7.72 on 03/21/25. A 50-day SMA is recorded $10.61, while a 200-day SMA reached $14.77.
Support And Resistance Levels for Bloomin Brands Inc (BLMN)
According to the 24-hour chart, there is a support level at 7.73, which, if violated, would cause prices to drop to 7.53. In the upper region, resistance lies at 8.22. The next price resistance is at 8.51. RSI (Relative Strength Index) is 37.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.20, which suggests the price will decrease in the coming days. Percent R is at 88.27%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
