Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Wabash National Corp. shares valued at $3,881 were purchased by Boss John G. on Jan 25 ’24. At $25.72 per share, Boss John G. acquired 151 shares. The insider’s holdings grew to 105,674 shares worth approximately $1.92 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, Boss John G. purchased 188 shares, netting a total of over 3,866 in proceeds. Following the buying of shares at $20.52 each, the insider now holds 105,523 shares.
Before that, Sudhanshu Priyadarshi had sold 1,010 shares from its account. In a trade valued at $27,331, the Director traded Wabash National Corp. shares for $27.06 each. Upon closing the transaction, the insider’s holdings decreased to 1,010 shares, worth approximately $0.12 million.
As published in a research note from DA Davidson on September 09, 2024, Wabash National Corp. [WNC] has been retained to a Neutral and the price target has been revised to $18. Analysts at DA Davidson downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late September. As of July 05, 2023, Raymond James has decreased its “Strong buy” rating to a “Mkt perform” for WNC. Earlier on December 05, 2022, Vertical Research downgraded its rating. Their new recommendation was “a Hold” for WNC stock which previously was a “a Buy”.
Analyzing WNC Stock Performance
During the last five days, there has been a drop of approximately -2.37%. Over the course of the year, Wabash National Corp. shares have dropped approximately -29.16%. Shares of the company reached a 52-week high of $30.07 on 04/01/24 and a 52-week low of $17.71 on 09/06/24. A 50-day SMA is recorded $19.43, while a 200-day SMA reached $23.38. Nevertheless, trading volume fell to 0.55 million shares from 0.31 million shares the previous day.
Support And Resistance Levels for Wabash National Corp. (WNC)
According to the 24-hour chart, there is a support level at 17.89, which, if violated, would cause prices to drop to 17.63. In the upper region, resistance lies at 18.66. The next price resistance is at 19.17. RSI (Relative Strength Index) is 36.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.50, which suggests the price will decrease in the coming days. Percent R is at 99.51%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
