Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Brookline Bancorp, Inc shares valued at $20,928 were purchased by Hollister Thomas J on May 08 ’24. At $8.72 per share, Hollister Thomas J acquired 2,400 shares. The insider’s holdings grew to 7,800 shares worth approximately $79560.0 following the completion of this transaction.
Also, Hill Willard I JR purchased 2,000 shares, netting a total of over 16,878 in proceeds. Following the buying of shares at $8.44 each, the insider now holds 25,631 shares.
As published in a research note from Keefe Bruyette on December 24, 2024, Brookline Bancorp, Inc [BRKL] has been rated down from an Outperform to a Mkt perform. Analysts at Raymond James upgraded the stock from ‘”a Mkt perform”‘ to ‘”a Strong buy”‘ outlook in a report released in mid December. As of December 04, 2024, Keefe Bruyette has increased its “Mkt perform” rating to a “an Outperform” for BRKL. Earlier on September 20, 2023, Hovde Group initiated its rating. Their recommendation was “an Outperform” for BRKL stock.
Analyzing BRKL Stock Performance
During the last five days, there has been a surge of approximately 3.98%. Over the course of the year, Brookline Bancorp, Inc shares have dropped approximately -13.56%. Shares of the company reached a 52-week high of $12.71 on 02/06/25 and a 52-week low of $9.28 on 04/10/25. A 50-day SMA is recorded $10.93, while a 200-day SMA reached $10.98.
Support And Resistance Levels for Brookline Bancorp, Inc (BRKL)
According to the 24-hour chart, there is a support level at 10.04, which, if violated, would cause prices to drop to 9.89. In the upper region, resistance lies at 10.44. The next price resistance is at 10.68. RSI (Relative Strength Index) is 47.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.16, which suggests the price will decrease in the coming days. Percent R is at 25.81%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
