Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Broadstone Net Lease Inc shares valued at $97,838 were sold by Wiegel Molly on May 14 ’24. At $15.48 per share, Wiegel Molly sold 6,320 shares. The insider’s holdings dropped to 56,680 shares worth approximately $0.9 million following the completion of this transaction.
As published in a research note from JMP Securities on December 17, 2024, Broadstone Net Lease Inc [BNL] has been rated up from a Mkt perform to a Mkt outperform and the price target has been revised to $21. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid November. As of August 19, 2024, Wedbush has initiated its “an Outperform” rating for BNL. Earlier on June 12, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “a Sector weight” for BNL stock.
Analyzing BNL Stock Performance
During the last five days, there has been a drop of approximately -0.50%. Shares of the company reached a 52-week high of $17.36 on 03/10/25 and a 52-week low of $13.96 on 04/09/25. A 50-day SMA is recorded $16.43, while a 200-day SMA reached $17.05.
Support And Resistance Levels for Broadstone Net Lease Inc (BNL)
According to the 24-hour chart, there is a support level at 15.51, which, if violated, would cause prices to drop to 15.16. In the upper region, resistance lies at 16.14. The next price resistance is at 16.42. RSI (Relative Strength Index) is 45.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.13, which suggests the price will decrease in the coming days. Percent R is at 27.93%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
