Cushman & Wakefield plc’s filing revealed that its Former 10% Owner TPG GP A, LLC unloaded Company’s shares for reported $188.08 million on May 22 ’24. In the deal valued at $11.00 per share,17,098,001 shares were sold. As a result of this transaction, TPG GP A, LLC now holds 0 shares worth roughly $0.0.
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, Robinson Nathaniel sold 40,000 shares, generating $399,600 in total proceeds. Upon selling the shares at $9.99, the insider now owns 40,427 shares.
Before that, TPG GP A, LLC sold 7,734,954 shares. Cushman & Wakefield plc shares valued at $75,338,452 were divested by the 10% Owner at a price of $9.74 per share. As a result of the transaction, TPG GP A, LLC now holds 17,098,001 shares, worth roughly $214.24 million.
Jefferies initiated its Cushman & Wakefield plc [CWK] rating to a Buy in a research note published on April 10, 2024; the price target was $13. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early April from “an Outperform” to “a Peer perform”. Raymond James also remained covering CWK and has decreased its forecast on April 03, 2024 with a “an Outperform” recommendation from previously “Strong buy” rating. Wolfe Research revised its rating on December 08, 2023. It rated CWK as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of CWK
On Friday, Cushman & Wakefield plc [NYSE:CWK] saw its stock jump 1.54% to $12.53. Over the last five days, the stock has lost -0.71%. Cushman & Wakefield plc shares have risen nearly 16.02% since the year began. Nevertheless, the stocks have risen 57.61% over the past one year. While a 52-week high of $13.99 was reached on 09/26/24, a 52-week low of $6.24 was recorded on 04/18/24. SMA at 50 days reached $12.90, while 200 days put it at $11.12.
Levels Of Support And Resistance For CWK Stock
The 24-hour chart illustrates a support level at 12.40, which if violated will result in even more drops to 12.27. On the upside, there is a resistance level at 12.62. A further resistance level may holdings at 12.71. The Relative Strength Index (RSI) on the 14-day chart is 40.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.49%. Stochastics %K at 11.71% indicates the stock is a buying.
How much short interest is there in Cushman & Wakefield plc?
A steep rise in short interest was recorded in Cushman & Wakefield plc stocks on 2024-09-30, growing by 2.05 million shares to a total of 13.88 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 11.83 million shares. There was a rise of 14.77%, which implies that there is a positive sentiment for the stock.
