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. Bausch + Lomb Corp shares valued at $248,072 were purchased by SAUNDERS BRENT L on May 22 ’25. At $11.28 per share, SAUNDERS BRENT L acquired 22,000 shares. The insider’s holdings grew to 719,156 shares worth approximately $9.0 million following the completion of this transaction.
Also, VON ESCHENBACH ANDREW C. purchased 1,695 shares, netting a total of over 19,925 in proceeds. Following the buying of shares at $11.76 each, the insider now holds 41,748 shares.
Before that, SAUNDERS BRENT L had added 32,250 shares to its account. In a trade valued at $505,067, the CEO and Chairman of the Board bought Bausch + Lomb Corp shares for $15.66 each. Upon closing the transaction, the insider’s holdings increased to 32,250 shares, worth approximately $7.45 million.
As published in a research note from H.C. Wainwright on May 02, 2025, Bausch + Lomb Corp [BLCO] has been retained to a Buy and the price target has been revised to $15. Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in late March. As of December 11, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for BLCO. Earlier on December 02, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Equal-weight” for BLCO stock which previously was a “an Overweight”.
Analyzing BLCO Stock Performance
During the last five days, there has been a surge of approximately 8.69%. Over the course of the year, Bausch + Lomb Corp shares have dropped approximately -30.73%. Shares of the company reached a 52-week high of $18.55 on 01/02/25 and a 52-week low of $10.45 on 04/30/25.
Support And Resistance Levels for Bausch + Lomb Corp (BLCO)
According to the 24-hour chart, there is a support level at 12.35, which, if violated, would cause prices to drop to 12.20. In the upper region, resistance lies at 12.68. The next price resistance is at 12.86. RSI (Relative Strength Index) is 59.57 on the 14-day chart, showing neutral technical sentiment.
