Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Baker Hughes Co shares valued at $196,699 were sold by Apostolides James E on Mar 07 ’25. At $42.21 per share, Apostolides James E sold 4,660 shares. The insider’s holdings dropped to 14,936 shares worth approximately $0.54 million following the completion of this transaction.
Also, Apostolides James E purchased 4,660 shares, netting a total of over 196,699 in proceeds.
Before that, Buese Nancy had sold 80,000 shares from its account. In a trade valued at $3,709,600, the EVP & Chief Financial Officer traded Baker Hughes Co shares for $46.37 each. Upon closing the transaction, the insider’s holdings decreased to 80,000 shares, worth approximately $0.23 million.
As published in a research note from TD Cowen on April 24, 2025, Baker Hughes Co [BKR] has been retained to a Buy and the price target has been revised to $49. Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of October 25, 2024, Argus has increased its “Hold” rating to a “Buy” for BKR. Earlier on September 25, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for BKR stock which previously was a “an Equal weight”.
Analyzing BKR Stock Performance
During the last five days, there has been a drop of approximately -4.59%. Over the course of the year, Baker Hughes Co shares have dropped approximately -11.31%. Shares of the company reached a 52-week high of $49.40 on 02/06/25 and a 52-week low of $33.60 on 04/07/25. A 50-day SMA is recorded $42.13, while a 200-day SMA reached $39.93.
Support And Resistance Levels for Baker Hughes Co (BKR)
According to the 24-hour chart, there is a support level at 35.77, which, if violated, would cause prices to drop to 35.16. In the upper region, resistance lies at 36.72. The next price resistance is at 37.06. RSI (Relative Strength Index) is 38.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.33, which suggests the price will decrease in the coming days. Percent R is at 54.28%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
