Berry Global Group Inc’s recent filing unveils that its Director RICKERTSEN CARL J acquired Company’s shares for reported $1.64 million on Dec 04 ’24. In the deal valued at $70.73 per share,23,145 shares were bought.
Then, RICKERTSEN CARL J bought 6,246 shares, generating $425,068 in total proceeds.
Before that, Bayh Evan sold 14,000 shares. Berry Global Group Inc shares valued at $981,820 were divested by the Director at a price of $70.13 per share. As a result of the transaction, Bayh Evan now holds 30,228 shares, worth roughly $1.94 million.
UBS also remained covering BERY and has decreased its forecast on November 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. Morgan Stanley started covering the stock on September 04, 2024. It rated BERY as “an Equal-weight”.
Price Performance Review of BERY
On Monday, Berry Global Group Inc [NYSE:BERY] saw its stock fall -3.55% to $64.04. Over the last five days, the stock has lost -8.27%. Berry Global Group Inc shares have fallen nearly -0.97% since the year began. Nevertheless, the stocks have risen 18.23% over the past one year. While a 52-week high of $74.24 was reached on 03/10/25, a 52-week low of $50.71 was recorded on 04/07/25. SMA at 50 days reached $70.17, while 200 days put it at $67.17.
Levels Of Support And Resistance For BERY Stock
The 24-hour chart illustrates a support level at 62.22, which if violated will result in even more drops to 60.41. On the upside, there is a resistance level at 66.20. A further resistance level may holdings at 68.37. The Relative Strength Index (RSI) on the 14-day chart is 29.71, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.74%. Stochastics %K at 26.54% indicates the stock is a holding.
How much short interest is there in Berry Global Group Inc?
A steep rise in short interest was recorded in Berry Global Group Inc stocks on 2025-03-14, growing by 3.41 million shares to a total of 7.45 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.04 million shares. There was a rise of 45.73%, which implies that there is a positive sentiment for the stock.
