BankUnited Inc’s recent filing unveils that 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 $0.75 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 $0.42 million.
Hovde Group reiterated its BankUnited Inc [BKU] rating to an Outperform in a research note published on March 25, 2025; the price target was $44. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “an Overweight”. Wells Fargo also remained covering BKU and has increased its forecast on November 13, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Hovde Group maintained its rating on July 19, 2024. It rated BKU as “an Outperform”.
Price Performance Review of BKU
On Monday, BankUnited Inc [NYSE:BKU] saw its stock jump 0.94% to $34.44. Over the last five days, the stock has lost -3.64%. BankUnited Inc shares have fallen nearly -9.77% since the year began. Nevertheless, the stocks have risen 22.26% 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 $37.56, while 200 days put it at $36.67.
Levels Of Support And Resistance For BKU Stock
The 24-hour chart illustrates a support level at 33.73, which if violated will result in even more drops to 33.02. On the upside, there is a resistance level at 34.85. A further resistance level may holdings at 35.26. The Relative Strength Index (RSI) on the 14-day chart is 42.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.72%. Stochastics %K at 59.62% 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 2025-03-14, growing by 50901.0 shares to a total of 2.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.48 million shares. There was a rise of 2.01%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 08, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $29 price target.
