KD Logo

Monitoring Brighthouse Financial Inc (BHF) after recent insider movements

Brighthouse Financial Inc’s recently made public that its EVP & Chief HR Officer Huss Vonda unloaded Company’s shares for reported $0.18 million on Mar 03 ’25. In the deal valued at $59.33 per share,3,000 shares were sold. As a result of this transaction, Huss Vonda now holds 21,441 shares worth roughly $1.31 million.

Then, Lambert Myles sold 8,400 shares, generating $503,336 in total proceeds. Upon selling the shares at $59.92, the EVP,Chief Mktg.& Dist. Officer now owns 35,777 shares.

Before that, Lambert Myles bought 8,400 shares. Brighthouse Financial Inc shares valued at $503,265 were divested by the Officer at a price of $59.91 per share.

Raymond James upgraded its Brighthouse Financial Inc [BHF] rating to a Strong buy from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid February from “an Underweight” to “an Equal weight”. Jefferies also remained covering BHF and has decreased its forecast on February 03, 2025 with a “Hold” recommendation from previously “Buy” rating. Barclays revised its rating on January 29, 2025. It rated BHF as “an Overweight” which previously was an “an Equal weight”.

Price Performance Review of BHF

On Friday, Brighthouse Financial Inc [NASDAQ:BHF] saw its stock jump 2.16% to $60.99. Over the last five days, the stock has gained 3.83%. Brighthouse Financial Inc shares have risen nearly 26.96% since the year began. Nevertheless, the stocks have risen 32.50% over the past one year. While a 52-week high of $64.12 was reached on 02/19/25, a 52-week low of $40.00 was recorded on 04/09/25. SMA at 50 days reached $55.32, while 200 days put it at $50.85.

Levels Of Support And Resistance For BHF Stock

The 24-hour chart illustrates a support level at 59.82, which if violated will result in even more drops to 58.64. On the upside, there is a resistance level at 61.81. A further resistance level may holdings at 62.62. The Relative Strength Index (RSI) on the 14-day chart is 64.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.23%. Stochastics %K at 72.45% indicates the stock is a holding.

The most recent change occurred on September 05, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $48 price target.

Most Popular