Blackstone Inc’s recent filing unveils that its Adviser Blackstone Private Credit Stra acquired Company’s shares for reported $24.9 million on May 01 ’25. In the deal valued at $15.00 per share,1,660,000 shares were bought. As a result of this transaction, Blackstone Private Credit Stra now holds 1,666,667 shares worth roughly $226.85 million.
Then, Porat Ruth bought 301 shares, generating $49,686 in total proceeds. Upon buying the shares at $164.85, the Director now owns 36,829 shares.
Before that, Porat Ruth bought 74 shares. Blackstone Inc shares valued at $12,240 were divested by the Director at a price of $164.82 per share. As a result of the transaction, Porat Ruth now holds 8,575 shares, worth roughly $1.17 million.
Citizens JMP upgraded its Blackstone Inc [BX] rating to a Mkt outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “a Buy”. Wells Fargo also remained covering BX and has decreased its forecast on December 12, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. TD Cowen revised its rating on December 09, 2024. It rated BX as “a Buy” which previously was an “a Hold”.
Price Performance Review of BX
On Monday, Blackstone Inc [NYSE:BX] saw its stock fall -0.95% to $136.11. Over the last five days, the stock has gained 1.89%. Blackstone Inc shares have fallen nearly -20.79% since the year began. Nevertheless, the stocks have risen 16.92% over the past one year. While a 52-week high of $200.28 was reached on 01/30/25, a 52-week low of $114.92 was recorded on 04/07/25. SMA at 50 days reached $140.15, while 200 days put it at $157.02.
Levels Of Support And Resistance For BX Stock
The 24-hour chart illustrates a support level at 134.99, which if violated will result in even more drops to 133.87. On the upside, there is a resistance level at 137.78. A further resistance level may holdings at 139.45. The Relative Strength Index (RSI) on the 14-day chart is 51.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.77%. Stochastics %K at 86.84% indicates the stock is a selling.
How much short interest is there in Blackstone Inc?
A steep rise in short interest was recorded in Blackstone Inc stocks on 2025-04-15, growing by 1.83 million shares to a total of 11.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 9.39 million shares. There was a rise of 16.29%, which implies that there is a positive sentiment for the stock.
