Xylem Inc’s filing revealed that its SVP & President, EU, WI & GLS Yarkadas Hayati unloaded Company’s shares for reported $0.58 million on Mar 05 ’24. In the deal valued at $127.53 per share,4,547 shares were sold. As a result of this transaction, Yarkadas Hayati now holds 9,353 shares worth roughly $1.2 million.
Then, Yarkadas Hayati sold 24,478 shares, generating $3,112,279 in total proceeds. Upon selling the shares at $127.15, the SVP & President, EU, WI & GLS now owns 13,900 shares.
Before that, McShane Geri-Michelle sold 1,000 shares. Xylem Inc shares valued at $122,890 were divested by the VP, Controller & CAO at a price of $122.89 per share. As a result of the transaction, McShane Geri-Michelle now holds 2,935 shares, worth roughly $0.38 million.
Exane BNP Paribas initiated its Xylem Inc [XYL] rating to an Outperform in a research note published on March 12, 2024; the price target was $150. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in early January from “an Underperform” to “a Mkt perform”. Wolfe Research began covering XYL with “an Outperform” recommendation on December 13, 2023. Deutsche Bank revised its rating on November 21, 2023. It rated XYL as “a Buy” which previously was an “a Hold”.
Price Performance Review of XYL
On Friday, Xylem Inc [NYSE:XYL] saw its stock fall -0.53% to $128.11. Over the last five days, the stock has lost -0.12%. Xylem Inc shares have risen nearly 12.02% since the year began. Nevertheless, the stocks have risen 23.79% over the past one year. While a 52-week high of $130.86 was reached on 03/21/24, a 52-week low of $87.59 was recorded on 01/17/24. SMA at 50 days reached $125.91, while 200 days put it at $108.87. A total of 0.89 million shares were traded, compared to the trading of 0.94 million shares in the previous session.
Levels Of Support And Resistance For XYL Stock
The 24-hour chart illustrates a support level at 127.31, which if violated will result in even more drops to 126.50. On the upside, there is a resistance level at 128.79. A further resistance level may holdings at 129.47. The Relative Strength Index (RSI) on the 14-day chart is 52.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.24%. Stochastics %K at 52.26% indicates the stock is a holding.
