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Checking in on Baker Hughes Co (BKR) after recent insiders movement

In a filing, Baker Hughes Co revealed its SVP, Enterprise Op Excellence Apostolides James E unloaded Company’s shares for reported $0.14 million on May 07 ’25. In the deal valued at $36.49 per share,3,800 shares were sold. As a result of this transaction, Apostolides James E now holds 20,349 shares worth roughly $0.74 million.

Then, Apostolides James E bought 3,800 shares, generating $138,662 in total proceeds.

Before that, Apostolides James E sold 4,660 shares. Baker Hughes Co shares valued at $196,699 were divested by the SVP, Enterprise Op Excellence at a price of $42.21 per share. As a result of the transaction, Apostolides James E now holds 14,936 shares, worth roughly $0.55 million.

TD Cowen reiterated its Baker Hughes Co [BKR] rating to a Buy in a research note published on April 24, 2025; the price target was $49. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. Argus also remained covering BKR and has increased its forecast on October 25, 2024 with a “Buy” recommendation from previously “Hold” rating. Wells Fargo revised its rating on September 25, 2024. It rated BKR as “an Overweight” which previously was an “an Equal weight”.

Price Performance Review of BKR

On Friday, Baker Hughes Co [NASDAQ:BKR] saw its stock jump 0.66% to $36.49. Over the last five days, the stock has lost -1.64%. Baker Hughes Co shares have fallen nearly -11.04% since the year began. Nevertheless, the stocks have risen 13.53% over the past one year. While a 52-week high of $49.40 was reached on 02/06/25, a 52-week low of $30.93 was recorded on 04/07/25. SMA at 50 days reached $40.09, while 200 days put it at $39.99.

Levels Of Support And Resistance For BKR Stock

The 24-hour chart illustrates a support level at 36.28, which if violated will result in even more drops to 36.07. On the upside, there is a resistance level at 36.79. A further resistance level may holdings at 37.09. The Relative Strength Index (RSI) on the 14-day chart is 42.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.05%. Stochastics %K at 40.59% indicates the stock is a holding.

The most recent change occurred on July 29, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $50.

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