The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Blackstone Mortgage Trust Inc shares valued at $188,978 were purchased by NASSAU HENRY N on May 06 ’25. At $18.90 per share, NASSAU HENRY N acquired 10,000 shares. The insider’s holdings grew to 182,946 shares worth approximately $3.45 million following the completion of this transaction.
Also, Keenan Katharine A sold 2,315 shares, netting a total of over 47,913 in proceeds. Following the sale of shares at $20.70 each, the insider now holds 246,172 shares.
Before that, Marone Anthony F. JR had sold 506 shares from its account. In a trade valued at $10,447, the Chief Financial Officer traded Blackstone Mortgage Trust Inc shares for $20.65 each. Upon closing the transaction, the insider’s holdings decreased to 506 shares, worth approximately $1.25 million.
As published in a research note from Wolfe Research on December 11, 2024, Blackstone Mortgage Trust Inc [BXMT] has been rated up from a Peer perform to an Outperform and the price target has been revised to $20. As of June 25, 2024, Wolfe Research has initiated its “Peer perform” rating for BXMT. Earlier on March 04, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for BXMT stock which previously was a “a Buy”.
Analyzing BXMT Stock Performance
During the last five days, there has been a drop of approximately -2.59%. Over the course of the year, Blackstone Mortgage Trust Inc shares have jumped approximately 8.21%. Shares of the company reached a 52-week high of $21.24 on 03/20/25 and a 52-week low of $16.51 on 04/09/25.
Support And Resistance Levels for Blackstone Mortgage Trust Inc (BXMT)
According to the 24-hour chart, there is a support level at 18.75, which, if violated, would cause prices to drop to 18.66. In the upper region, resistance lies at 19.02. The next price resistance is at 19.20. RSI (Relative Strength Index) is 46.51 on the 14-day chart, showing neutral technical sentiment.
