Johnson & Johnson’s recently made public that its VP Corporate Controller Decker Robert J unloaded Company’s shares for reported $0.93 million on Aug 30 ’24. In the deal valued at $165.06 per share,5,635 shares were sold. As a result of this transaction, Decker Robert J now holds 18,973 shares worth roughly $3.05 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, Decker Robert J bought 5,635 shares, generating $930,113 in total proceeds.
Before that, Broadhurst Vanessa sold 8,891 shares. Johnson & Johnson shares valued at $1,441,765 were divested by the EVP, Global Corp Affairs at a price of $162.16 per share. As a result of the transaction, Broadhurst Vanessa now holds 15,043 shares, worth roughly $2.42 million.
Daiwa Securities downgraded its Johnson & Johnson [JNJ] rating to a Neutral from a an Outperform in a research note published on July 23, 2024; the price target was decreased to $150 from $160. HSBC Securities also remained covering JNJ and has increased its forecast on April 18, 2024 with a “Buy” recommendation from previously “Hold” rating. Wells Fargo revised its rating on December 13, 2023. It rated JNJ as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of JNJ
On Friday, Johnson & Johnson [NYSE:JNJ] saw its stock fall -1.70% to $160.88. Over the last five days, the stock has lost -2.57%. Johnson & Johnson shares have risen nearly 2.64% since the year began. Nevertheless, the stocks have risen 6.14% over the past one year. While a 52-week high of $168.85 was reached on 09/04/24, a 52-week low of $143.13 was recorded on 04/18/24. SMA at 50 days reached $163.28, while 200 days put it at $156.15.
Levels Of Support And Resistance For JNJ Stock
The 24-hour chart illustrates a support level at 159.69, which if violated will result in even more drops to 158.49. On the upside, there is a resistance level at 163.00. A further resistance level may holdings at 165.11. The Relative Strength Index (RSI) on the 14-day chart is 43.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.26%. Stochastics %K at 58.03% indicates the stock is a holding.
How much short interest is there in Johnson & Johnson?
A steep rise in short interest was recorded in Johnson & Johnson stocks on 2024-10-15, dropping by -4.37 million shares to a total of 18.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 23.03 million shares. There was a decline of -23.41%, which implies that there is a negative sentiment for the stock.
