In a filing, Franklin Resources, Inc revealed its Affiliate of Investment Adv. FRANKLIN RESOURCES INC unloaded Company’s shares for reported $10.0 million on Apr 17 ’25. In the deal valued at $11.58 per share,863,558 shares were sold. As a result of this transaction, FRANKLIN RESOURCES INC now holds 14,930,077 shares worth roughly $355.63 million.
Then, JOHNSON CHARLES B bought 420 shares, generating $7,442 in total proceeds. Upon buying the shares at $17.72, the 10% Owner now owns 89,375,487 shares.
Before that, JOHNSON CHARLES B sold 420 shares. Franklin Resources, Inc shares valued at $7,379 were divested by the 10% Owner at a price of $17.57 per share. As a result of the transaction, JOHNSON CHARLES B now holds 89,375,067 shares, worth roughly $2.13 billion.
Goldman upgraded its Franklin Resources, Inc [BEN] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in mid May from “a Hold” to “a Buy”. Goldman also remained covering BEN and has increased its forecast on January 06, 2025 with a “Neutral” recommendation from previously “Sell” rating. Wells Fargo started covering the stock on September 12, 2024. It rated BEN as “an Equal weight”.
Price Performance Review of BEN
On Friday, Franklin Resources, Inc [NYSE:BEN] saw its stock jump 1.45% to $23.82. Over the last five days, the stock has gained 4.52%. Franklin Resources, Inc shares have risen nearly 4.25% since the year began. Nevertheless, the stocks have risen 17.40% over the past one year. While a 52-week high of $24.36 was reached on 06/27/25, a 52-week low of $16.25 was recorded on 04/09/25.
Levels Of Support And Resistance For BEN Stock
The 24-hour chart illustrates a support level at 23.52, which if violated will result in even more drops to 23.22. On the upside, there is a resistance level at 24.13. A further resistance level may holdings at 24.44.
How much short interest is there in Franklin Resources, Inc?
A steep rise in short interest was recorded in Franklin Resources, Inc stocks on 2025-06-13, dropping by -2.33 million shares to a total of 21.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 24.11 million shares. There was a decline of -10.72%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 27, 2024 when Barclays began covering the stock and recommended ‘”an Underweight”‘ rating along with a $20 price target.
