Black Stone Minerals L.P (BSM) gets rating Downgrade from Raymond James

Black Stone Minerals L.P’s recently made public that its CEO, President, and Chairman Carter Thomas L Jr acquired Company’s shares for reported $0.34 million on Aug 08 ’25. In the deal valued at $12.20 per share,27,500 shares were bought. As a result of this transaction, Carter Thomas L Jr now holds 3,396,831 shares worth roughly $41.98 million.

Then, Carter Thomas L Jr bought 25,000 shares, generating $302,505 in total proceeds. Upon buying the shares at $12.10, the CEO, President, and Chairman now owns 3,421,831 shares.

Before that, Carter Thomas L Jr bought 19,710 shares. Black Stone Minerals L.P shares valued at $241,296 were divested by the CEO, President, and Chairman at a price of $12.24 per share. As a result of the transaction, Carter Thomas L Jr now holds 3,369,331 shares, worth roughly $41.64 million.

Raymond James downgraded its Black Stone Minerals L.P [BSM] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early March from “an Overweight” to “a Sector weight”. Raymond James also remained covering BSM and has decreased its forecast on February 06, 2023 with a “an Outperform” recommendation from previously “Strong buy” rating. KeyBanc Capital Markets started covering the stock on September 20, 2022. It rated BSM as “an Overweight”.

Price Performance Review of BSM

On Tuesday, Black Stone Minerals L.P [NYSE:BSM] saw its stock jump 2.49% to $12.36. Over the last five days, the stock has lost -2.98%. Black Stone Minerals L.P shares have fallen nearly -15.98% since the year began. Nevertheless, the stocks have fallen -15.34% over the past one year. While a 52-week high of $15.66 was reached on 01/17/25, a 52-week low of $11.96 was recorded on 08/11/25.

Levels Of Support And Resistance For BSM Stock

The 24-hour chart illustrates a support level at 12.17, which if violated will result in even more drops to 11.97. On the upside, there is a resistance level at 12.49. A further resistance level may holdings at 12.61.

How much short interest is there in Black Stone Minerals L.P?

A steep rise in short interest was recorded in Black Stone Minerals L.P stocks on 2025-07-31, growing by 0.37 million shares to a total of 2.77 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 2.4 million shares. There was a rise of 13.47%, which implies that there is a positive sentiment for the stock.

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