Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Xylem Inc shares valued at $352,314 were sold by Harker Victoria D on Sep 09 ’24. At $127.65 per share, Harker Victoria D sold 2,760 shares. The insider’s holdings dropped to 19,075 shares worth approximately $2.6 million following the completion of this transaction.
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
Also, VICTORIA HARKER purchased 2,760 shares, netting a total of over 352,314 in proceeds.
Before that, McShane Geri-Michelle had sold 2,278 shares from its account. In a trade valued at $315,799, the VP, Controller & CAO traded Xylem Inc shares for $138.63 each. Upon closing the transaction, the insider’s holdings decreased to 2,278 shares, worth approximately $0.48 million.
As published in a research note from TD Cowen on September 03, 2024, Xylem Inc [XYL] has been rated down from a Buy to a Hold and the price target has been revised to $138. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in mid August. As of March 12, 2024, Exane BNP Paribas has initiated its “an Outperform” rating for XYL. Earlier on January 04, 2024, Raymond James upgraded its rating. Their new recommendation was “a Mkt perform” for XYL stock which previously was a “an Underperform”.
Analyzing XYL Stock Performance
During the last five days, there has been a surge of approximately 4.04%. Over the course of the year, Xylem Inc shares have jumped approximately 19.19%. Shares of the company reached a 52-week high of $146.08 on 05/21/24 and a 52-week low of $109.39 on 01/17/24. A 50-day SMA is recorded $133.76, while a 200-day SMA reached $128.27. Nevertheless, trading volume fell to 1.09 million shares from 1.56 million shares the previous day.
Support And Resistance Levels for Xylem Inc (XYL)
According to the 24-hour chart, there is a support level at 135.24, which, if violated, would cause prices to drop to 134.17. In the upper region, resistance lies at 136.97. The next price resistance is at 137.64. RSI (Relative Strength Index) is 60.15 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.81, which suggests the price will increase in the coming days. Percent R is at 13.51%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
