The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Birkenstock Holding Plc shares valued at $1,392,900 were purchased by Klaus Baumann on Sep 13 ’24. At $46.43 per share, Klaus Baumann acquired 30,000 shares.
Also, Erik Massmann purchased 35,000 shares, netting a total of over 1,567,650 in proceeds.
Before that, Christian Heesch had added 25,000 shares to its account. In a trade valued at $1,549,250, the Officer bought Birkenstock Holding Plc shares for $61.97 each.
As published in a research note from Stifel on April 10, 2025, Birkenstock Holding Plc [BIRK] has been retained to a Buy and the price target has been revised to $62. Analysts at BTIG Research resumed the stock at ‘”a Buy”‘ outlook in a report released in mid December. As of December 10, 2024, Piper Sandler has initiated its “an Overweight” rating for BIRK. Earlier on December 03, 2024, HSBC Securities upgraded its rating. Their new recommendation was “a Buy” for BIRK stock which previously was a “a Hold”.
Analyzing BIRK Stock Performance
During the last five days, there has been a surge of approximately 6.47%. Over the course of the year, Birkenstock Holding Plc shares have dropped approximately -11.37%. Shares of the company reached a 52-week high of $62.66 on 01/30/25 and a 52-week low of $40.56 on 04/09/25. A 50-day SMA is recorded $47.87, while a 200-day SMA reached $52.02.
Support And Resistance Levels for Birkenstock Holding Plc (BIRK)
According to the 24-hour chart, there is a support level at 49.02, which, if violated, would cause prices to drop to 47.82. In the upper region, resistance lies at 51.21. The next price resistance is at 52.20. RSI (Relative Strength Index) is 59.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.12, which suggests the price will increase in the coming days. Percent R is at 7.47%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
