Selling Buzz: BrightSpring Health Services Inc [BTSG] Former 10% owner Walgreens Boots Alliance, Inc. sells 12,000,000 shares of the company

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. BrightSpring Health Services Inc shares valued at $253,920,000 were sold by Walgreens Boots Alliance, Inc. on Feb 18 ’25. At $21.16 per share, Walgreens Boots Alliance, Inc. sold 12,000,000 shares. The insider’s holdings dropped to 11,239,996 shares worth approximately $246.04 million following the completion of this transaction.

Also, Walgreen Co. purchased 12,000,000 shares, netting a total of over 265,800,000 in proceeds.

Before that, Walgreens Boots Alliance, Inc. had sold 11,619,998 shares from its account. In a trade valued at $129,330,578, the 10% Owner traded BrightSpring Health Services Inc shares for $11.13 each. Upon closing the transaction, the insider’s holdings decreased to 11,619,998 shares, worth approximately $508.72 million.

As published in their initiating research note from CJS Securities on December 12, 2024, BrightSpring Health Services Inc [BTSG] has been a Market outperform. Analysts at KeyBanc Capital Markets started covering the stock with ‘”a Sector weight”‘ outlook in a report released in mid October. As of June 21, 2024, BTIG Research has initiated its “Buy” rating for BTSG. Earlier on March 06, 2024, HSBC Securities initiated its rating. Their recommendation was “a Buy” for BTSG stock.

Analyzing BTSG Stock Performance

During the last five days, there has been a drop of approximately -7.17%. Over the course of the year, BrightSpring Health Services Inc shares have jumped approximately 28.54%. Shares of the company reached a 52-week high of $25.57 on 06/09/25 and a 52-week low of $15.26 on 01/10/25.

Support And Resistance Levels for BrightSpring Health Services Inc (BTSG)

According to the 24-hour chart, there is a support level at 21.58, which, if violated, would cause prices to drop to 21.28. In the upper region, resistance lies at 22.22. The next price resistance is at 22.56. RSI (Relative Strength Index) is 44.51 on the 14-day chart, showing neutral technical sentiment.

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