Newell Brands Inc’s recent filing unveils that its Director CAMPBELL PATRICK D unloaded Company’s shares for reported $0.4 million on May 10 ’24. In the deal valued at $8.04 per share,50,000 shares were sold. As a result of this transaction, CAMPBELL PATRICK D now holds 18,477 shares worth roughly $0.16 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Turner Bradford R sold 20,000 shares, generating $148,600 in total proceeds. Upon selling the shares at $7.43, the Chief Legal & Admin. Officer now owns 169,813 shares.
Before that, Turner Bradford R sold 20,000 shares. Newell Brands Inc shares valued at $137,600 were divested by the Chief Legal & Admin. Officer at a price of $6.88 per share. As a result of the transaction, Turner Bradford R now holds 152,363 shares, worth roughly $1.34 million.
UBS downgraded its Newell Brands Inc [NWL] rating to a Neutral from a a Buy in a research note published on February 16, 2024; the price target was decreased to $8.50 from $10. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Mkt perform”. Truist also remained covering NWL and has decreased its forecast on October 30, 2023 with a “Hold” recommendation from previously “Buy” rating. JP Morgan revised its rating on October 30, 2023. It rated NWL as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of NWL
On Monday, Newell Brands Inc [NASDAQ:NWL] saw its stock fall -1.23% to $8.80. Over the last five days, the stock has gained 37.07%. Newell Brands Inc shares have risen nearly 1.38% since the year began. Nevertheless, the stocks have fallen -14.15% over the past one year. While a 52-week high of $11.61 was reached on 01/09/24, a 52-week low of $5.39 was recorded on 07/10/24. SMA at 50 days reached $7.00, while 200 days put it at $7.56. A total of 12.51 million shares were traded, compared to the trading of 26.32 million shares in the previous session.
Levels Of Support And Resistance For NWL Stock
The 24-hour chart illustrates a support level at 8.52, which if violated will result in even more drops to 8.24. On the upside, there is a resistance level at 9.06. A further resistance level may holdings at 9.32. The Relative Strength Index (RSI) on the 14-day chart is 76.61, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.32, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.57%. Stochastics%K at 85.38% indicates the stock is a selling.
