BuzzFeed Inc’s filing revealed that its 10% Owner KERINS PATRICK J unloaded Company’s shares for reported $0.62 million on Mar 14 ’25. In the deal valued at $2.26 per share,273,246 shares were sold. As a result of this transaction, KERINS PATRICK J now holds 3,401,499 shares worth roughly $7.31 million.
Then, KERINS PATRICK J sold 61,448 shares, generating $123,769 in total proceeds. Upon selling the shares at $2.01, the 10% Owner now owns 3,674,745 shares.
Before that, KERINS PATRICK J sold 28,272 shares. BuzzFeed Inc shares valued at $55,854 were divested by the 10% Owner at a price of $1.98 per share. As a result of the transaction, KERINS PATRICK J now holds 3,736,193 shares, worth roughly $8.03 million.
Cowen downgraded its BuzzFeed Inc [BZFD] rating to a Market perform from a an Outperform in a research note published on November 22, 2022; the price target was decreased to $2 from $3. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid August from “a Neutral” to “an Underperform”. BofA Securities began covering BZFD with “Neutral” recommendation on February 04, 2022. Craig Hallum started covering the stock on January 12, 2022. It rated BZFD as “a Buy”.
Price Performance Review of BZFD
On Tuesday, BuzzFeed Inc [NASDAQ:BZFD] saw its stock jump 0.94% to $2.15. Over the last five days, the stock has lost -2.27%. BuzzFeed Inc shares have fallen nearly -19.48% since the year began. Nevertheless, the stocks have risen 15.07% over the past one year. While a 52-week high of $5.68 was reached on 01/06/25, a 52-week low of $1.26 was recorded on 03/04/25. SMA at 50 days reached $2.28, while 200 days put it at $2.72.
Levels Of Support And Resistance For BZFD Stock
The 24-hour chart illustrates a support level at 2.05, which if violated will result in even more drops to 1.95. On the upside, there is a resistance level at 2.24. A further resistance level may holdings at 2.33. The Relative Strength Index (RSI) on the 14-day chart is 47.03, 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 59.96%. Stochastics %K at 46.12% indicates the stock is a holding.
How much short interest is there in BuzzFeed Inc?
A steep rise in short interest was recorded in BuzzFeed Inc stocks on 2025-03-14, growing by 0.29 million shares to a total of 1.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.06 million shares. There was a rise of 21.25%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 10, 2022 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $7 price target.
