In a filing, Waters Corp. revealed its Director FEARON RICHARD H acquired Company’s shares for reported $0.33 million on May 28 ’24. In the deal valued at $332.90 per share,1,000 shares were bought. As a result of this transaction, FEARON RICHARD H now holds 1,653 shares worth roughly $0.58 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, KUEBLER CHRISTOPHER A sold 4,000 shares, generating $1,446,560 in total proceeds. Upon selling the shares at $361.64, the Director now owns 14,716 shares.
Before that, BADDOUR LINDA sold 500 shares. Waters Corp. shares valued at $177,770 were divested by the Director at a price of $355.54 per share. As a result of the transaction, BADDOUR LINDA now holds 2,250 shares, worth roughly $0.79 million.
Wells Fargo initiated its Waters Corp. [WAT] rating to an Overweight in a research note published on August 28, 2024; the price target was $380. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who increased its forecast for the stock in early August from “a Market perform” to “an Outperform”. Barclays revised its rating on November 13, 2023. It rated WAT as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of WAT
On Friday, Waters Corp. [NYSE:WAT] saw its stock fall -0.53% to $352.51. Over the last five days, the stock has lost -1.35%. Waters Corp. shares have risen nearly 7.07% since the year began. Nevertheless, the stocks have risen 31.65% over the past one year. While a 52-week high of $367.21 was reached on 05/15/24, a 52-week low of $231.90 was recorded on 07/09/24. SMA at 50 days reached $337.71, while 200 days put it at $325.25.
Levels Of Support And Resistance For WAT Stock
The 24-hour chart illustrates a support level at 348.88, which if violated will result in even more drops to 345.25. On the upside, there is a resistance level at 357.29. A further resistance level may holdings at 362.07. The Relative Strength Index (RSI) on the 14-day chart is 60.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 28.65%. Stochastics %K at 75.60% indicates the stock is a holding.
How much short interest is there in Waters Corp.?
A steep rise in short interest was recorded in Waters Corp. stocks on 2024-09-13, dropping by 69055.0 shares to a total of 2.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 2.82 million shares. There was a decline of -2.51%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 28, 2023 when Bernstein began covering the stock and recommended ‘”a Mkt perform”‘ rating along with a $280 price target.
