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Analyzing Willis Towers Watson Public Limited Co (WTW) After Recent Trading Activity

In a filing, Willis Towers Watson Public Limited Co revealed its Chief Financial Officer Krasner Andrew Jay unloaded Company’s shares for reported $0.3 million on Mar 01 ’24. In the deal valued at $272.13 per share,1,100 shares were sold. As a result of this transaction, Krasner Andrew Jay now holds 4,170 shares worth roughly $1.09 million.

Then, Gebauer Julie Jarecke sold 5,000 shares, generating $1,380,144 in total proceeds. Upon selling the shares at $276.03, the Head of Health, Wealth &Career now owns 68,574 shares.

Before that, Garrard Adam sold 5,400 shares. Willis Towers Watson Public Limited Co shares valued at $1,460,214 were divested by the Head of Risk & Broking at a price of $270.41 per share. As a result of the transaction, Garrard Adam now holds 11,259 shares, worth roughly $2.93 million.

Citigroup upgraded its Willis Towers Watson Public Limited Co [WTW] rating to a Buy from a a Neutral in a research note published on February 12, 2024; the price target was increased to $315 from $236. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who increased its forecast for the stock in mid February from “an Underperform” to “a Market perform”. Wells Fargo also remained covering WTW and has increased its forecast on January 11, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. TD Cowen started covering the stock on January 10, 2024. It rated WTW as “an Outperform”.

Price Performance Review of WTW

On Friday, Willis Towers Watson Public Limited Co [NASDAQ:WTW] saw its stock unchanged to $260.31. Over the last five days, the stock has lost -3.92%. Willis Towers Watson Public Limited Co shares have risen nearly 7.92% since the year began. Nevertheless, the stocks have risen 9.74% over the past one year. While a 52-week high of $278.86 was reached on 02/23/24, a 52-week low of $195.29 was recorded on 01/05/24. SMA at 50 days reached $270.91, while 200 days put it at $237.11. A total of 0.56 million shares were traded, compared to the trading of 0.38 million shares in the previous session.

Levels Of Support And Resistance For WTW Stock

The 24-hour chart illustrates a support level at 258.63, which if violated will result in even more drops to 256.96. On the upside, there is a resistance level at 262.06. A further resistance level may holdings at 263.81. The Relative Strength Index (RSI) on the 14-day chart is 33.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.79%. Stochastics %K at 8.48% indicates the stock is a buying.

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