Blackrock Inc (NYSE: BLK) is -6.62% lower on its value in year-to-date trading and has touched a low of $745.55 and a high of $1084.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BLK stock was last observed hovering at around $958.62 in the last trading session, with the day’s loss setting it -1.39%.
Currently trading at $957.23, the stock is 0.85% and -2.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -0.15% at the moment leaves the stock 2.34% off its SMA200. BLK registered 19.28% gain for a year compared to 6-month gain of 6.93%. The firm has a 50-day simple moving average (SMA 50) of $981.9124 and a 200-day simple moving average (SMA200) of $935.331.
The stock witnessed a -2.11% loss in the last 1 month and extending the period to 3 months gives it a -9.40%, and is 5.18% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 2.50% over the month.
Blackrock Inc (BLK) has around 21100 employees, a market worth around $148.61B and $20.87B in sales. Current P/E ratio is 22.79 and Fwd P/E is 17.71. Profit margin for the company is 30.51%. Distance from 52-week low is 28.39% and -11.71% from its 52-week high. The company has generated returns on investments over the last 12 months (10.48%).
with sales reaching $5.47B over the same period.The EPS is expected to grow by 8.91% this year, but quarterly earnings will post 15.36% year-over-year. Quarterly sales are estimated to grow 15.78% in year-over-year returns.
2678.0 institutions hold shares in Blackrock Inc (BLK), with institutional investors hold 84.17% of the company’s shares. The shares outstanding are 154.95M, and float is at 144.03M with Short Float at 1.14%. Institutions hold 83.45% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.22 million shares valued at $$10.41 billion. The investor’s holdings represent 8.8876 of the BLK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.52 million shares valued at $$7.49 billion to account for 6.3991 of the shares outstanding. The other top investors are STATE STREET CORP which holds 5.94 million shares representing 4.0021 and valued at over $$4.68 billion, while TEMASEK HOLDINGS (PRIVATE) LTD holds 3.4581 of the shares totaling 5.13 million with a market value of $$4.04 billion.
Blackrock Inc (BLK) Insider Activity
The most recent transaction is an insider purchase by BlackRock, Inc., the company’s. SEC filings show that BlackRock, Inc. bought 101,600 shares of the company’s common stock on Mar 19 ’25 at a price of $16.21 per share for a total of $1.65 million. Following the purchase, the insider now owns 0.97 million shares.
Blackrock Inc disclosed in a document filed with the SEC on Mar 18 ’25 that BlackRock, Inc. () bought a total of 101,600 shares of the company’s common stock. The trade occurred on Mar 18 ’25 and was made at $16.12 per share for $1.64 million. Following the transaction, the insider now directly holds 0.87 million shares of the BLK stock.
Still, SEC filings show that on Mar 17 ’25, BlackRock, Inc. () acquired 101,600 shares at an average price of $16.18 for $1.64 million. The insider now directly holds 770,400 shares of Blackrock Inc (BLK).
