Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Bloomin Brands Inc shares valued at $264,982 were purchased by JACKSON LAWRENCE V on May 29 ’25. At $7.68 per share, JACKSON LAWRENCE V acquired 34,495 shares.
Also, Hafner Patrick M sold 9,555 shares, netting a total of over 79,498 in proceeds. Following the sale of shares at $8.32 each, the insider now holds 0 shares.
Before that, Spanos Mike had added 118,000 shares to its account. In a trade valued at $1,018,340, the CEO bought Bloomin Brands Inc shares for $8.63 each. Upon closing the transaction, the insider’s holdings increased to 118,000 shares, worth approximately $0.93 million.
As published in a research note from BofA Securities on January 27, 2025, Bloomin Brands Inc [BLMN] has been rated down from a Neutral to an Underperform and the price target has been revised to $13. Analysts at Barclays downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early January. As of December 05, 2024, Goldman has initiated its “Sell” rating for BLMN. Earlier on November 11, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for BLMN stock which previously was a “an Outperform”.
Analyzing BLMN Stock Performance
During the last five days, there has been a surge of approximately 3.01%. Over the course of the year, Bloomin Brands Inc shares have dropped approximately -35.46%. Shares of the company reached a 52-week high of $12.97 on 01/31/25 and a 52-week low of $6.09 on 04/08/25.
Support And Resistance Levels for Bloomin Brands Inc (BLMN)
According to the 24-hour chart, there is a support level at 7.59, which, if violated, would cause prices to drop to 7.31. In the upper region, resistance lies at 8.09. The next price resistance is at 8.30. RSI (Relative Strength Index) is 49.52 on the 14-day chart, showing neutral technical sentiment.
