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A company insider recently bought 1,000 shares of BankUnited Inc [BKU]. Should You Buy?

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. BankUnited Inc shares valued at $32,830 were purchased by SOBTI SANJIV on Mar 13 ’25. At $32.83 per share, SOBTI SANJIV acquired 1,000 shares. The insider’s holdings grew to 21,782 shares worth approximately $0.67 million following the completion of this transaction.

Also, SOBTI SANJIV purchased 2,000 shares, netting a total of over 64,140 in proceeds. Following the buying of shares at $32.07 each, the insider now holds 20,782 shares.

Before that, Malcolm Kevin A. had sold 3,234 shares from its account. In a trade valued at $113,772, the Officer of Subsidiary traded BankUnited Inc shares for $35.18 each. Upon closing the transaction, the insider’s holdings decreased to 3,234 shares, worth approximately $0.38 million.

As published in a research note from Hovde Group on March 25, 2025, BankUnited Inc [BKU] has been retained to an Outperform and the price target has been revised to $44. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid March. As of November 13, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for BKU. Earlier on July 19, 2024, Hovde Group resumed its rating. Their recommendation was “an Outperform” for BKU stock.

Analyzing BKU Stock Performance

During the last five days, there has been a drop of approximately -4.79%. Over the course of the year, BankUnited Inc shares have dropped approximately -19.26%. Shares of the company reached a 52-week high of $42.19 on 01/27/25 and a 52-week low of $28.21 on 04/07/25. A 50-day SMA is recorded $35.28, while a 200-day SMA reached $36.84.

Support And Resistance Levels for BankUnited Inc (BKU)

According to the 24-hour chart, there is a support level at 30.43, which, if violated, would cause prices to drop to 30.05. In the upper region, resistance lies at 31.05. The next price resistance is at 31.29. RSI (Relative Strength Index) is 41.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.00, which suggests the price will decrease in the coming days. Percent R is at 62.82%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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