Bowhead Specialty Holdings Inc’s recent filing unveils that its Director Schnidman Ava acquired Company’s shares for reported $49881.0 on Feb 28 ’25. In the deal valued at $33.41 per share,1,493 shares were bought. As a result of this transaction, Schnidman Ava now holds 1,893 shares worth roughly $79789.95.
Then, Botein Matthew sold 3,178,662 shares, generating $88,033,044 in total proceeds. Upon selling the shares at $27.70, the Director now owns 10,968,445 shares.
Before that, Gallatin Point Capital LLC sold 3,178,662 shares. Bowhead Specialty Holdings Inc shares valued at $88,033,044 were divested by the Director at a price of $27.70 per share. As a result of the transaction, Gallatin Point Capital LLC now holds 10,968,445 shares, worth roughly $462.32 million.
Keefe Bruyette upgraded its Bowhead Specialty Holdings Inc [BOW] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in mid June with a ‘”an Outperform”‘ rating. Morgan Stanley began covering BOW with “an Equal-weight” recommendation on June 17, 2024. Keefe Bruyette started covering the stock on June 17, 2024. It rated BOW as “a Mkt perform”.
Price Performance Review of BOW
On Friday, Bowhead Specialty Holdings Inc [NYSE:BOW] saw its stock jump 2.80% to $42.15. Over the last five days, the stock has gained 11.80%. Bowhead Specialty Holdings Inc shares have risen nearly 18.67% since the year began. SMA at 50 days reached $34.20, while 200 days put it at $31.13.
Levels Of Support And Resistance For BOW Stock
The 24-hour chart illustrates a support level at 41.13, which if violated will result in even more drops to 40.11. On the upside, there is a resistance level at 42.73. A further resistance level may holdings at 43.31. The Relative Strength Index (RSI) on the 14-day chart is 77.81, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.37, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.53%. Stochastics %K at 91.36% indicates the stock is a selling.
How much short interest is there in Bowhead Specialty Holdings Inc?
A steep rise in short interest was recorded in Bowhead Specialty Holdings Inc stocks on 2025-03-14, dropping by 54573.0 shares to a total of 0.29 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.35 million shares. There was a decline of -18.67%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 17, 2024 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $27 price target.
