Wolfe Research Upgrades Blackstone Mortgage Trust Inc (BXMT) to an Outperform from a Peer perform

Blackstone Mortgage Trust Inc’s recent filing unveils that its CEO & President Keenan Katharine A unloaded Company’s shares for reported $0.13 million on Jun 17 ’25. In the deal valued at $19.13 per share,6,931 shares were sold. As a result of this transaction, Keenan Katharine A now holds 236,914 shares worth roughly $4.65 million.

Then, URBASZEK MARCIN sold 800 shares, generating $15,316 in total proceeds. Upon selling the shares at $19.14, the Deputy Chief Financial Officer now owns 12,089 shares.

Before that, Marone Anthony F. JR sold 1,517 shares. Blackstone Mortgage Trust Inc shares valued at $29,133 were divested by the Chief Financial Officer at a price of $19.20 per share. As a result of the transaction, Marone Anthony F. JR now holds 64,082 shares, worth roughly $1.26 million.

Wolfe Research upgraded its Blackstone Mortgage Trust Inc [BXMT] rating to an Outperform from a a Peer perform in a research note published recently. Wolfe Research began covering BXMT with “Peer perform” recommendation on June 25, 2024. BofA Securities revised its rating on March 04, 2024. It rated BXMT as “a Neutral” which previously was an “a Buy”.

Price Performance Review of BXMT

On Tuesday, Blackstone Mortgage Trust Inc [NYSE:BXMT] saw its stock jump 1.03% to $19.64. Over the last five days, the stock has gained 2.03%. Blackstone Mortgage Trust Inc shares have risen nearly 16.46% since the year began. Nevertheless, the stocks have risen 12.81% over the past one year. While a 52-week high of $21.24 was reached on 03/20/25, a 52-week low of $16.13 was recorded on 04/09/25.

Levels Of Support And Resistance For BXMT Stock

The 24-hour chart illustrates a support level at 19.45, which if violated will result in even more drops to 19.26. On the upside, there is a resistance level at 19.83. A further resistance level may holdings at 20.02.

How much short interest is there in Blackstone Mortgage Trust Inc?

A steep rise in short interest was recorded in Blackstone Mortgage Trust Inc stocks on 2025-06-13, dropping by -1.08 million shares to a total of 10.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 11.3 million shares. There was a decline of -10.57%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 06, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $23.50 price target.

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