Elizabeth Oconnell Sells Shares of BUR
BUR's Chief Strategy Officer, Elizabeth Oconnell, sold 9,265 shares on June 15, 2026.
Key Points
- Elizabeth Oconnell, Chief Strategy Officer at BUR, sold 9,265 shares valued at $42,989.60 on June 15, 2026.
- Shares of BUR traded at $4.43 with a recent price target of $5.00 maintained by Wedbush on May 11, 2026.
- Institutional investors like BlackRock and Ameriprise Financial significantly increased their BUR holdings recently.
Elizabeth Oconnell, the Chief Strategy Officer at BUR, sold 9,265 shares of the company on June 15, 2026. The transaction was valued at approximately $42,989.60, with the shares sold at an average price of $4.64 each. This insider transaction was not part of a pre-planned trading program.
Other Institutional Activity in BUR
Several major institutional investors have recently adjusted their holdings in BUR. BlackRock, Inc. increased its position by 4,010,449 shares, ending with 15,789,499 shares valued at about $71.37 million. Orbis Allan Gray Ltd also added 968,904 shares, bringing its total to 13,020,448 shares worth approximately $58.85 million. Ameriprise Financial Inc boosted its stake by 3,602,358 shares, now holding 12,318,250 shares valued at $54.39 million. Meanwhile, Pictet North America Advisors SA maintained its position with 7,647,727 shares valued at $31.43 million.
BUR Stock Snapshot
Shares of BUR are currently trading at $4.43. The stock has seen various price targets from analysts, with Wedbush maintaining a target of $5.00 on May 11, 2026, alongside a 'hold' rating.
Insider Buying and Selling at BUR
Aside from Elizabeth Oconnell's sale, other insider activities on June 15, 2026, include purchases by CEO Christopher Bogart, who acquired 121,880 shares, and Ricky Noel, who bought 7,121 shares. Additionally, Rukia Baruti Dames purchased 11,203 shares. These transactions were not part of any pre-planned trading arrangements.
Analysts Set New Price Targets
On May 11, 2026, Wedbush maintained its 'hold' rating for BUR with a price target of $5.00. Previously, on March 30, 2026, the firm downgraded the stock to 'hold' with a target of $4.75. The analyst consensus suggests a mixed outlook with varied price targets.
About BUR
BUR operates in the financial sector, focusing on providing investment management services. The company is involved in managing a range of investment funds and offers advisory services to its clients. With a team of experienced professionals, BUR continues to navigate the financial markets to deliver value to its investors.
Bottom Line
Elizabeth Oconnell's recent sale of BUR shares is part of ongoing insider activities that investors watch closely. While institutional investors like BlackRock and Ameriprise Financial have increased their positions, analysts remain cautious with mixed ratings. As always, it's important to remember that insider transactions are disclosed after the fact and may not reflect current holdings.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.