Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Beacon Roofing Supply Inc shares valued at $1,036,602 were sold by Bennett Jonathan Stuart on Apr 07 ’25. At $122.14 per share, Bennett Jonathan Stuart sold 8,487 shares. The insider’s holdings dropped to 22,642 shares worth approximately $2.78 million following the completion of this transaction.
Also, Taylor Jason L sold 31,124 shares, netting a total of over 3,839,768 in proceeds. Following the sale of shares at $123.37 each, the insider now holds 12,287 shares.
Before that, Harrell Martin S. had sold 2,867 shares from its account. In a trade valued at $353,358, the President, Waterproofing traded Beacon Roofing Supply Inc shares for $123.25 each. Upon closing the transaction, the insider’s holdings decreased to 2,867 shares, worth approximately $2.28 million.
As published in a research note from RBC Capital Mkts on April 02, 2025, Beacon Roofing Supply Inc [BECN] has been rated down from an Outperform to a Sector perform. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early February. Earlier on April 18, 2024, The Benchmark Company initiated its rating. Their recommendation was “a Buy” for BECN stock.
Analyzing BECN Stock Performance
During the last five days, there has been a drop of approximately -0.65%. Over the course of the year, Beacon Roofing Supply Inc shares have jumped approximately 21.09%. Shares of the company reached a 52-week high of $123.90 on 03/27/25 and a 52-week low of $99.64 on 01/02/25. A 50-day SMA is recorded $119.35, while a 200-day SMA reached $102.29.
Support And Resistance Levels for Beacon Roofing Supply Inc (BECN)
According to the 24-hour chart, there is a support level at 121.79, which, if violated, would cause prices to drop to 120.59. In the upper region, resistance lies at 123.85. The next price resistance is at 124.71. RSI (Relative Strength Index) is 59.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.12, which suggests the price will decrease in the coming days. Percent R is at 32.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
