Negative sentiment towards BHRB reflected in surge in short interest

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. Burke & Herbert Financial Services Corp shares valued at $27,925 were purchased by Riojas Jose David on Jun 05 ’25. At $55.85 per share, Riojas Jose David acquired 500 shares. The insider’s holdings grew to 19,000 shares worth approximately $1.07 million following the completion of this transaction.

Also, Anderson Mark Guthrie purchased 2,000 shares, netting a total of over 112,798 in proceeds. Following the buying of shares at $56.40 each, the insider now holds 27,700 shares.

Before that, McLaughlin Shawn Patrick had added 1,000 shares to its account. In a trade valued at $56,250, the Director bought Burke & Herbert Financial Services Corp shares for $56.25 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $3.71 million.

As published in a research note from Keefe Bruyette on January 27, 2025, Burke & Herbert Financial Services Corp [BHRB] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $76 from $79. Analysts at DA Davidson started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October.

Analyzing BHRB Stock Performance

On last trading session,, Burke & Herbert Financial Services Corp [NASDAQ: BHRB] rose 0.29% to $56.26. The stock’s lowest price that day was $55.79, but it reached a high of $57.355 in the same session. During the last five days, there has been a drop of approximately -4.40%. Over the course of the year, Burke & Herbert Financial Services Corp shares have dropped approximately -9.78%. Shares of the company reached a 52-week high of $65.80 on 02/11/25 and a 52-week low of $47.57 on 04/11/25.

Support And Resistance Levels for Burke & Herbert Financial Services Corp (BHRB)

According to the 24-hour chart, there is a support level at 55.58, which, if violated, would cause prices to drop to 54.90. In the upper region, resistance lies at 57.15. The next price resistance is at 58.03. RSI (Relative Strength Index) is 46.92 on the 14-day chart, showing neutral technical sentiment.

Is Burke & Herbert Financial Services Corp subject to short interest?

Stocks of Burke & Herbert Financial Services Corp saw a sharp rise in short interest on 2025-05-30 jumping by 29396.0 shares to 0.13 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.11 million shares. A jump of 21.78% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.21 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.21.

Which companies own the most shares of Burke & Herbert Financial Services Corp (BHRB)?

In terms of Burke & Herbert Financial Services Corp share price expectations, FactSet research, analysts set an average price target of 76 in the next 12 months, up nearly 35.47% from the previous closing price of $56.10. Analysts anticipate Burke & Herbert Financial Services Corp stock to reach 76 by 2025, with the lowest price target being 76. In spite of this, 0 analysts ranked Burke & Herbert Financial Services Corp stock as nan at the end of 2025.

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