Beacon Roofing Supply Inc’s recently made public that its President, South Division Best Clement Munroe III unloaded Company’s shares for reported $3.66 million on Apr 04 ’25. In the deal valued at $123.05 per share,29,724 shares were sold. As a result of this transaction, Best Clement Munroe III now holds 87,943 shares worth roughly $10.74 million.
Then, Nelson Christopher Carl sold 16,595 shares, generating $2,051,308 in total proceeds. Upon selling the shares at $123.61, the EVP & CTO now owns 463 shares.
Before that, JONATHAN STUART BENNETT bought 8,487 shares. Beacon Roofing Supply Inc shares valued at $1,036,580 were divested by the Officer at a price of $122.14 per share.
RBC Capital Mkts downgraded its Beacon Roofing Supply Inc [BECN] rating to a Sector perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. The Benchmark Company started covering the stock on April 18, 2024. It rated BECN as “a Buy”.
Price Performance Review of BECN
On Monday, Beacon Roofing Supply Inc [NASDAQ:BECN] saw its stock fall -0.27% to $122.10. Over the last five days, the stock has lost -1.29%. Beacon Roofing Supply Inc shares have risen nearly 20.20% since the year began. Nevertheless, the stocks have risen 21.28% over the past one year. While a 52-week high of $123.90 was reached on 03/27/25, a 52-week low of $77.54 was recorded on 01/02/25. SMA at 50 days reached $119.23, while 200 days put it at $102.01.
Levels Of Support And Resistance For BECN Stock
The 24-hour chart illustrates a support level at 121.19, which if violated will result in even more drops to 120.28. On the upside, there is a resistance level at 123.32. A further resistance level may holdings at 124.54. The Relative Strength Index (RSI) on the 14-day chart is 56.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.92%. Stochastics %K at 57.85% indicates the stock is a holding.
How much short interest is there in Beacon Roofing Supply Inc?
A steep rise in short interest was recorded in Beacon Roofing Supply Inc stocks on 2025-03-14, dropping by 74503.0 shares to a total of 0.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.05 million shares. There was a decline of -7.6%, which implies that there is a negative sentiment for the stock.
