Bloomin Brands Inc’s filing revealed that its Former Director JACKSON LAWRENCE V acquired Company’s shares for reported $0.26 million on May 29 ’25. In the deal valued at $7.68 per share,34,495 shares were bought.
Then, Hafner Patrick M sold 9,555 shares, generating $79,498 in total proceeds. Upon selling the shares at $8.32, the EVP, Pres Outback Steakhouse now owns 0 shares.
Before that, Spanos Mike bought 118,000 shares. Bloomin Brands Inc shares valued at $1,018,340 were divested by the CEO at a price of $8.63 per share. As a result of the transaction, Spanos Mike now holds 118,000 shares, worth roughly $1.18 million.
BofA Securities downgraded its Bloomin Brands Inc [BLMN] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “an Equal weight”. Goldman began covering BLMN with “Sell” recommendation on December 05, 2024. Raymond James revised its rating on November 11, 2024. It rated BLMN as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of BLMN
On Friday, Bloomin Brands Inc [NASDAQ:BLMN] saw its stock fall -1.38% to $10.03. Over the last five days, the stock has lost -1.28%. Bloomin Brands Inc shares have fallen nearly -39.03% since the year began. Nevertheless, the stocks have fallen -17.85% over the past one year. While a 52-week high of $21.45 was reached on 01/31/25, a 52-week low of $6.09 was recorded on 04/08/25.
Levels Of Support And Resistance For BLMN Stock
The 24-hour chart illustrates a support level at 9.83, which if violated will result in even more drops to 9.64. On the upside, there is a resistance level at 10.24. A further resistance level may holdings at 10.46.
How much short interest is there in Bloomin Brands Inc?
A steep rise in short interest was recorded in Bloomin Brands Inc stocks on 2025-06-13, growing by 0.9 million shares to a total of 9.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 8.39 million shares. There was a rise of 9.66%, which implies that there is a positive sentiment for the stock.
