New insider activity at Brixmor Property ( (BRX) ) has taken place on March 1, 2025.
Director Julie Bowerman has sold 13,200 shares of Brixmor Property stock, amounting to a total of $362,868. Additionally, EVP and General Counsel Steven Siegel has sold 25,000 shares, with the transaction totaling $689,273.
Recent Updates on BRX stock
Recent developments in Brixmor Property Group’s stock have seen varied analyst actions. Scotiabank lowered its price target due to updated thoughts on NYC office sale comparables and commercial mortgage-backed securities issuance, impacting their ratings on U.S. Real Estate & REITs. Mizuho also reduced its price target, citing strong Q4 earnings from shopping center REITs driven by robust leasing activity and occupancy gains, though they noted the sector appears fairly valued. Conversely, Jefferies upgraded Brixmor to a Buy, highlighting its compelling risk/reward profile due to inexpensive valuation, conservative guidance, and strong leasing execution. Additionally, potential changes to U.S. federal income tax laws pose a significant risk, as they could materially affect Brixmor’s tax treatment. Brixmor’s Q4 earnings report showed substantial growth in net income and leasing activities, with strategic acquisitions and reinvestment projects promising further growth. The company remains well-positioned to capitalize on tenant demand, with expectations of continued growth in 2025.
More about Brixmor Property
YTD Price Performance: 0.18%
Average Trading Volume: 2,365,014
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $8.44B