The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of BlackRock Technology and Private Equity Term Trust (NYSE: BTX) was $6.64 for the day, down -4.05% from the previous closing price of $6.92. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 1.23 million shares were traded. BTX stock price reached its highest trading level at $6.96 during the session, while it also had its lowest trading level at $6.58.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 07 ’25 when Saba Capital Management, L.P. bought 59,630 shares for $7.69 per share. The transaction valued at 458,555 led to the insider holds 60,675,395 shares of the business.
Saba Capital Management, L.P. bought 282,123 shares of BTX for $2,177,990 on Jan 06 ’25. The 10% Owner now owns 60,615,765 shares after completing the transaction at $7.72 per share. On Jan 02 ’25, another insider, Saba Capital Management, L.P., who serves as the 10% Owner of the company, bought 106,617 shares for $7.46 each. As a result, the insider paid 795,363 and bolstered with 60,262,743 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTX now has a Market Capitalization of 774956352.
Stock Price History:
The Beta on a monthly basis for BTX is 1.33, which has changed by -0.082228124 over the last 52 weeks, in comparison to a change of 0.1476624 over the same period for the S&P500. Over the past 52 weeks, BTX has reached a high of $8.31, while it has fallen to a 52-week low of $5.10. The 50-Day Moving Average of the stock is -3.20%, while the 200-Day Moving Average is calculated to be -4.49%.
Shares Statistics:
BTX traded an average of 838.74K shares per day over the past three months and 883060 shares per day over the past ten days. Shares short for BTX as of 1761868800 were 238458 with a Short Ratio of 0.23, compared to 1759190400 on 368951.
Dividends & Splits
With its trailing 12-month dividend rate of 0.0, BTX has a forward annual dividend rate of 0.97. Against a Trailing Annual Dividend Yield of 0.0
