Blackstone Inc (NYSE:BX) shares traded 2.13% higher at $142.96 on Wall Street last session.
BX stock price is now 4.87% away from the 50-day moving average and -9.08% away from the 200-day moving average. The market capitalization of the company currently stands at $173.44B.
With the price target maintained at $165, Citizens JMP recently Upgraded its rating from Mkt Perform to Mkt Outperform for Blackstone Inc (NYSE: BX). On March 17, 2025, UBS Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $180, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Blackstone Holdings IV L.P., 10% Owner sold 1,557,994 shares of the company’s stock on May 16 ’25. The stock was sold for $126,053,711 at an average price of $80.91. Upon completion of the transaction, the 10% Owner now directly owns 178,816 shares in the company, valued at $25.56 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 19 ’25, 10% Owner Blackstone Holdings IV L.P. sold 234,563 shares of the business’s stock. A total of $18,977,953 was realized by selling the stock at an average price of $80.91. This leaves the insider owning 174,974 shares of the company worth $25.01 million. A total of 40.50% of the company’s stock is owned by insiders.
During the past 12 months, Blackstone Inc has had a low of $115.66 and a high of $200.28. As of last week, the company has a debt-to-equity ratio of 1.68, a current ratio of 0.74, and a quick ratio of 0.74. The net profit margin was 20.14% and return on equity was 34.07% for BX.
