Bridge Investment Group Holdings Inc’s recent filing unveils that its Vice Chairman Allara Dean unloaded Company’s shares for reported $90388.0 on Jan 06 ’25. In the deal valued at $8.31 per share,10,877 shares were sold. As a result of this transaction, Allara Dean now holds 662,473 shares worth roughly $5.09 million.
Then, Allara Dean sold 10,438 shares, generating $86,531 in total proceeds. Upon selling the shares at $8.29, the Vice Chairman now owns 683,606 shares.
Before that, Allara Dean sold 10,256 shares. Bridge Investment Group Holdings Inc shares valued at $82,766 were divested by the Vice Chairman at a price of $8.07 per share. As a result of the transaction, Allara Dean now holds 673,350 shares, worth roughly $5.17 million.
Wells Fargo downgraded its Bridge Investment Group Holdings Inc [BRDG] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “a Neutral”. Morgan Stanley also remained covering BRDG and has decreased its forecast on November 08, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. TD Cowen revised its rating on October 14, 2024. It rated BRDG as “a Hold” which previously was an “a Buy”.
Price Performance Review of BRDG
On Tuesday, Bridge Investment Group Holdings Inc [NYSE:BRDG] saw its stock fall -1.92% to $7.68. Over the last five days, the stock has lost -20.50%. Bridge Investment Group Holdings Inc shares have fallen nearly -8.57% since the year began. Nevertheless, the stocks have risen 17.25% over the past one year. While a 52-week high of $11.69 was reached on 02/24/25, a 52-week low of $6.49 was recorded on 01/13/25. SMA at 50 days reached $9.01, while 200 days put it at $8.85.
Levels Of Support And Resistance For BRDG Stock
The 24-hour chart illustrates a support level at 7.34, which if violated will result in even more drops to 7.00. On the upside, there is a resistance level at 8.20. A further resistance level may holdings at 8.72. The Relative Strength Index (RSI) on the 14-day chart is 32.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.07%. Stochastics %K at 13.80% indicates the stock is a buying.
How much short interest is there in Bridge Investment Group Holdings Inc?
A steep rise in short interest was recorded in Bridge Investment Group Holdings Inc stocks on 2025-03-14, dropping by -0.12 million shares to a total of 0.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.44 million shares. There was a decline of -38.06%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 12, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $11 price target.
