In a filing, Blackrock Inc revealed its Chairman and CEO FINK LAURENCE unloaded Company’s shares for reported $15.12 million on Apr 29 ’25. In the deal valued at $917.18 per share,16,485 shares were sold. As a result of this transaction, FINK LAURENCE now holds 287,201 shares worth roughly $281.84 million.
Then, FINK LAURENCE bought 16,485 shares, generating $15,118,796 in total proceeds.
Before that, Kushel J. Richard sold 10,000 shares. Blackrock Inc shares valued at $9,125,002 were divested by the Senior Managing Director at a price of $912.50 per share. As a result of the transaction, Kushel J. Richard now holds 66,034 shares, worth roughly $64.8 million.
Wells Fargo initiated its Blackrock Inc [BLK] rating to an Overweight in a research note published on September 12, 2024; the price target was $1000. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in late August with a ‘”an Overweight”‘ rating. TD Cowen also remained covering BLK and has increased its forecast on January 16, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. JP Morgan revised its rating on December 15, 2023. It rated BLK as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of BLK
On Tuesday, Blackrock Inc [NYSE:BLK] saw its stock jump 1.88% to $981.32. Over the last five days, the stock has lost -1.24%. Blackrock Inc shares have fallen nearly -4.27% since the year began. Nevertheless, the stocks have risen 22.72% over the past one year. While a 52-week high of $1084.22 was reached on 01/31/25, a 52-week low of $752.29 was recorded on 04/07/25. SMA at 50 days reached $926.91, while 200 days put it at $962.65.
Levels Of Support And Resistance For BLK Stock
The 24-hour chart illustrates a support level at 972.37, which if violated will result in even more drops to 963.43. On the upside, there is a resistance level at 985.88. A further resistance level may holdings at 990.45. The Relative Strength Index (RSI) on the 14-day chart is 60.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.01%. Stochastics %K at 67.16% indicates the stock is a holding.
