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After finishing at $7.02 in the prior trading day, BlackRock Technology and Private Equity Term Trust (NYSE: BTX) closed at $7.08, up 0.85%. In other words, the price has increased by $0.85 from its previous closing price. On the day, 0.91 million shares were traded. BTX stock price reached its highest trading level at $7.12 during the session, while it also had its lowest trading level at $6.94.
Ratios:
Our goal is to gain a better understanding of BTX by taking a closer look at its different ratios.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 826306816. As of this moment, BlackRock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.65.
Stock Price History:
The Beta on a monthly basis for BTX is 1.35, which has changed by -0.055999994 over the last 52 weeks, in comparison to a change of 0.10611236 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 1.39%, while the 200-Day Moving Average is calculated to be -2.42%.
Shares Statistics:
The stock has traded on average 652.30K shares per day over the past 3-months and 947720 shares per day over the last 10 days, according to various share statistics. A total of 213.34M shares are outstanding, with a floating share count of 213.20M. Insiders hold about 0.05% of the company’s shares, while institutions hold 48.98% stake in the company. Shares short for BTX as of 1749772800 were 540182 with a Short Ratio of 0.80, compared to 1747267200 on 319761.
Dividends & Splits
In the trailing 12 months, BTX’s forward annual dividend rate was 0.0, compared to 1.03 this year. Against a Trailing Annual Dividend Yield of 0.0
