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. Blackstone Inc shares valued at $49,686 were purchased by Porat Ruth on Feb 18 ’25. At $164.85 per share, Porat Ruth acquired 301 shares. The insider’s holdings grew to 36,829 shares worth approximately $4.91 million following the completion of this transaction.
Also, Porat Ruth purchased 74 shares, netting a total of over 12,240 in proceeds. Following the buying of shares at $164.82 each, the insider now holds 8,575 shares.
Before that, Blackstone Holdings IV L.P. had sold 335,487 shares from its account. In a trade valued at $27,233,157, the 10% Owner traded Blackstone Inc shares for $81.17 each. Upon closing the transaction, the insider’s holdings decreased to 335,487 shares, worth approximately $27.26 million.
As published in a research note from Citizens JMP on April 08, 2025, Blackstone Inc [BX] has been rated up from a Mkt perform to a Mkt outperform and the price target has been revised to $165. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid March. As of December 12, 2024, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for BX. Earlier on December 09, 2024, TD Cowen upgraded its rating. Their new recommendation was “a Buy” for BX stock which previously was a “a Hold”.
Analyzing BX Stock Performance
During the last five days, there has been a drop of approximately -0.86%. Over the course of the year, Blackstone Inc shares have dropped approximately -22.38%. Shares of the company reached a 52-week high of $188.85 on 01/30/25 and a 52-week low of $115.66 on 04/07/25. A 50-day SMA is recorded $141.12, while a 200-day SMA reached $157.02.
Support And Resistance Levels for Blackstone Inc (BX)
According to the 24-hour chart, there is a support level at 130.95, which, if violated, would cause prices to drop to 128.51. In the upper region, resistance lies at 135.83. The next price resistance is at 138.28. RSI (Relative Strength Index) is 48.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.69, which suggests the price will increase in the coming days. Percent R is at 14.25%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
