Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Black Stone Minerals L.P shares valued at $252,620 were purchased by Carter Thomas L Jr on Aug 20 ’25. At $12.03 per share, Carter Thomas L Jr acquired 21,000 shares. The insider’s holdings grew to 3,472,031 shares worth approximately $42.12 million following the completion of this transaction.
Also, Carter Thomas L Jr purchased 20,000 shares, netting a total of over 239,330 in proceeds. Following the buying of shares at $11.97 each, the insider now holds 3,451,031 shares.
Before that, Carter Thomas L Jr had added 9,200 shares to its account. In a trade valued at $113,723, the CEO, President, and Chairman bought Black Stone Minerals L.P shares for $12.36 each. Upon closing the transaction, the insider’s holdings increased to 9,200 shares, worth approximately $41.62 million.
As published in a research note from Raymond James on October 24, 2023, Black Stone Minerals L.P [BSM] has been rated down from an Outperform to a Mkt perform. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in early March. As of February 06, 2023, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for BSM. Earlier on September 20, 2022, KeyBanc Capital Markets initiated its rating. Their recommendation was “an Overweight” for BSM stock.
Analyzing BSM Stock Performance
On last trading session, Black Stone Minerals L.P [NYSE: BSM] plunged -0.57% to $12.13. The stock’s lowest price that day was $12.01, but it reached a high of $12.135 in the same session. During the last five days, there has been a surge of approximately 0.08%. Over the course of the year, Black Stone Minerals L.P shares have dropped approximately -19.13%. Shares of the company reached a 52-week high of $15.60 on 01/17/25 and a 52-week low of $11.90 on 08/20/25.
Support And Resistance Levels for Black Stone Minerals L.P (BSM)
According to the 24-hour chart, there is a support level at 12.05, which, if violated, would cause prices to drop to 11.96. In the upper region, resistance lies at 12.18. The next price resistance is at 12.22. RSI (Relative Strength Index) is 44.04 on the 14-day chart, showing neutral technical sentiment.
Is Black Stone Minerals L.P subject to short interest?
Stocks of Black Stone Minerals L.P saw a sharp rise in short interest on 2025-08-15 jumping by 0.21 million shares to 2.91 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 2.7 million shares. A jump of 7.29% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.1 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.1.
Which companies own the most shares of Black Stone Minerals L.P (BSM)?
In terms of Black Stone Minerals L.P share price expectations, FactSet research, analysts set an average price target of 15 in the next 12 months, up nearly 22.95% from the previous closing price of $12.2. Analysts anticipate Black Stone Minerals L.P stock to reach 15 by 2025, with the lowest price target being 15. In spite of this, 2 analysts ranked Black Stone Minerals L.P stock as Buy at the end of 2025. On January 26, 2022, Piper Sandler assigned a price target of “a Neutral” to the stock and resumed coverage with a $11.
