In a filing, Beacon Roofing Supply Inc revealed its President, North Division Bennett Jonathan Stuart unloaded Company’s shares for reported $1.04 million on Apr 07 ’25. In the deal valued at $122.14 per share,8,487 shares were sold. As a result of this transaction, Bennett Jonathan Stuart now holds 22,642 shares worth roughly $2.8 million.
Then, Taylor Jason L sold 31,124 shares, generating $3,839,768 in total proceeds. Upon selling the shares at $123.37, the President, West Division now owns 12,287 shares.
Before that, Harrell Martin S. sold 2,867 shares. Beacon Roofing Supply Inc shares valued at $353,358 were divested by the President, Waterproofing at a price of $123.25 per share. As a result of the transaction, Harrell Martin S. now holds 18,543 shares, worth roughly $2.3 million.
RBC Capital Mkts downgraded its Beacon Roofing Supply Inc [BECN] rating to a Sector perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. The Benchmark Company started covering the stock on April 18, 2024. It rated BECN as “a Buy”.
Price Performance Review of BECN
On Thursday, Beacon Roofing Supply Inc [NASDAQ:BECN] saw its stock jump 0.62% to $123.85. Over the last five days, the stock has gained 0.77%. Beacon Roofing Supply Inc shares have risen nearly 21.92% since the year began. Nevertheless, the stocks have risen 30.88% over the past one year. While a 52-week high of $123.90 was reached on 03/27/25, a 52-week low of $77.54 was recorded on 01/02/25. SMA at 50 days reached $119.92, while 200 days put it at $103.28.
Levels Of Support And Resistance For BECN Stock
The 24-hour chart illustrates a support level at 123.40, which if violated will result in even more drops to 122.94. On the upside, there is a resistance level at 124.08. A further resistance level may holdings at 124.30. The Relative Strength Index (RSI) on the 14-day chart is 62.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.10%. Stochastics %K at 80.58% indicates the stock is a selling.
How much short interest is there in Beacon Roofing Supply Inc?
A steep rise in short interest was recorded in Beacon Roofing Supply Inc stocks on 2025-03-31, growing by 0.3 million shares to a total of 1.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 0.77 million shares. There was a rise of 27.75%, which implies that there is a positive sentiment for the stock.
