Baker Hughes Co’s recent filing unveils that its SVP, Enterprise Op Excellence Apostolides James E unloaded Company’s shares for reported $0.2 million on Mar 07 ’25. In the deal valued at $42.21 per share,4,660 shares were sold. As a result of this transaction, Apostolides James E now holds 14,936 shares worth roughly $0.64 million.
Then, Apostolides James E bought 4,660 shares, generating $196,699 in total proceeds.
Before that, Buese Nancy sold 80,000 shares. Baker Hughes Co shares valued at $3,709,600 were divested by the EVP & Chief Financial Officer at a price of $46.37 per share. As a result of the transaction, Buese Nancy now holds 6,299 shares, worth roughly $0.27 million.
Piper Sandler initiated its Baker Hughes Co [BKR] rating to an Overweight in a research note published on December 19, 2024; the price target was $53. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Wells Fargo also remained covering BKR and has increased its forecast on September 25, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. TD Cowen maintained its rating on July 29, 2024. It rated BKR as “a Buy”.
Price Performance Review of BKR
On Friday, Baker Hughes Co [NASDAQ:BKR] saw its stock fall -1.26% to $43.08. Over the last five days, the stock has lost -2.34%. Baker Hughes Co shares have risen nearly 5.02% since the year began. Nevertheless, the stocks have risen 31.22% over the past one year. While a 52-week high of $49.40 was reached on 02/06/25, a 52-week low of $30.93 was recorded on 03/10/25. SMA at 50 days reached $44.81, while 200 days put it at $39.47.
Levels Of Support And Resistance For BKR Stock
The 24-hour chart illustrates a support level at 42.63, which if violated will result in even more drops to 42.18. On the upside, there is a resistance level at 43.65. A further resistance level may holdings at 44.21. The Relative Strength Index (RSI) on the 14-day chart is 45.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.75%. Stochastics %K at 60.34% indicates the stock is a holding.
How much short interest is there in Baker Hughes Co?
A steep rise in short interest was recorded in Baker Hughes Co stocks on 2025-03-14, growing by 5.03 million shares to a total of 22.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 16.97 million shares. There was a rise of 22.86%, which implies that there is a positive sentiment for the stock.
