Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Boise Cascade Co shares valued at $450,957 were sold by Strom Jeffrey Robert on Mar 05 ’25. At $100.21 per share, Strom Jeffrey Robert sold 4,500 shares. The insider’s holdings dropped to 38,026 shares worth approximately $3.55 million following the completion of this transaction.
Also, JEFFREY ROBERT STROM purchased 4,500 shares, netting a total of over 450,957 in proceeds.
Before that, MATULA KRISTOPHER J had sold 447 shares from its account. In a trade valued at $46,564, the Director traded Boise Cascade Co shares for $104.17 each. Upon closing the transaction, the insider’s holdings decreased to 447 shares, worth approximately $1.32 million.
As published in their initiating research note from Loop Capital on November 01, 2024, Boise Cascade Co [BCC] has been a Buy and the price target has been revised to $155. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in mid October. As of July 10, 2023, BofA Securities has increased its “an Underperform” rating to a “Neutral” for BCC. Earlier on June 28, 2023, Truist upgraded its rating. Their new recommendation was “a Buy” for BCC stock which previously was a “a Hold”.
Analyzing BCC Stock Performance
During the last five days, there has been a drop of approximately -1.28%. Over the course of the year, Boise Cascade Co shares have dropped approximately -21.36%. Shares of the company reached a 52-week high of $131.27 on 01/21/25 and a 52-week low of $87.84 on 04/09/25. A 50-day SMA is recorded $103.43, while a 200-day SMA reached $125.48.
Support And Resistance Levels for Boise Cascade Co (BCC)
According to the 24-hour chart, there is a support level at 92.22, which, if violated, would cause prices to drop to 90.97. In the upper region, resistance lies at 94.52. The next price resistance is at 95.56. RSI (Relative Strength Index) is 41.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.99, which suggests the price will decrease in the coming days. Percent R is at 60.49%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
