Bloomin Brands Inc [BLMN] Former Director makes an insider purchase of 34,495 shares worth 0.26 million.

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. 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 $1.04 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

On last trading session,, Bloomin Brands Inc [NASDAQ: BLMN] plunged -1.01% to $8.82. The stock’s lowest price that day was $8.765, but it reached a high of $9.105 in the same session. During the last five days, there has been a drop of approximately -5.57%. Over the course of the year, Bloomin Brands Inc shares have dropped approximately -54.09%. 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 8.69, which, if violated, would cause prices to drop to 8.56. In the upper region, resistance lies at 9.03. The next price resistance is at 9.24. RSI (Relative Strength Index) is 54.09 on the 14-day chart, showing neutral technical sentiment.

Is Bloomin Brands Inc subject to short interest?

Stocks of Bloomin Brands Inc saw a sharp steep in short interest on 2025-05-30 dropping by 97346.0 shares to 8.67 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 8.76 million shares. A decline of -1.12% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.97 of the overall float, the days-to-cover ratio (short ratio) decline to 2.97.

Which companies own the most shares of Bloomin Brands Inc (BLMN)?

In terms of Bloomin Brands Inc share price expectations, FactSet research, analysts set an average price target of 12 in the next 12 months, up nearly 34.68% from the previous closing price of $8.91. Analysts anticipate Bloomin Brands Inc stock to reach 13 by 2025, with the lowest price target being 11. In spite of this, 9 analysts ranked Bloomin Brands Inc stock as Buy at the end of 2025. On January 23, 2024, JP Morgan assigned a price target of “a Neutral” to the stock and downgraded coverage with a $26.

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