Elizabeth Oconnell Buys Shares of BUR

On June 15, 2026, Elizabeth Oconnell, the Chief Strategy Officer at BUR, purchased 42,112 shares of the company. This insider transaction was not part of a pre-planned trading program. Shares of BUR are currently trading at $4.43.

Other Institutional Activity in BUR

Several institutional investors have recently adjusted their positions in BUR. BlackRock, Inc. increased its holdings by 4,010,449 shares, bringing its total to approximately 15,789,499 shares valued at about $71.4 million. Orbis Allan Gray Ltd added 968,904 shares, now holding 13,020,448 shares worth roughly $58.9 million. Ameriprise Financial Inc grew its position by 3,602,358 shares, ending with 12,318,250 shares valued at $54.4 million. Meanwhile, Pictet North America Advisors SA maintained its position with 7,647,727 shares valued at $31.4 million.

Insider Buying and Selling at BUR

In addition to Elizabeth Oconnell's purchase, several other insiders were active on June 15, 2026. Christopher Bogart, the Chief Executive Officer, acquired 121,880 shares. Ricky Noel bought 7,121 shares, and Rukia Baruti Dames purchased 11,203 shares. Elizabeth Oconnell also sold 9,265 shares at an average price of $4.64.

Analysts Set New Price Targets

On May 11, 2026, Wedbush maintained a hold rating on BUR with a price target of $5.00. Previously, on March 30, 2026, the firm had downgraded the stock to a hold with a target of $4.75. B. Riley Securities reiterated a buy rating with an $18.00 target on November 11, 2025.

Bottom Line

Elizabeth Oconnell's recent purchase of BUR shares adds to the notable insider activity at the company. Investors often track insider transactions as potential indicators of confidence in the company's prospects. It's important to remember that this information is based on filings and may not reflect the current position.