Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. WD-40 Co shares valued at $289,700 were sold by NOBLE WILLIAM B on Nov 13 ’24. At $289.70 per share, NOBLE WILLIAM B sold 1,000 shares. The insider’s holdings dropped to 7,999 shares worth approximately $2.19 million following the completion of this transaction.
Also, WILLIAM NOBLE purchased 1,000 shares, netting a total of over 289,701 in proceeds.
Before that, NOBLE WILLIAM B had sold 800 shares from its account. In a trade valued at $205,584, the Group Managing Director, EIMEA traded WD-40 Co shares for $256.98 each. Upon closing the transaction, the insider’s holdings decreased to 800 shares, worth approximately $2.47 million.
As published in a research note from DA Davidson on July 18, 2022, WD-40 Co [WDFC] has been rated up from a Neutral to a Buy and the price target has been revised to $205. Analysts at BWS Financial started covering the stock with ‘”a Sell”‘ outlook in a report released in mid July. As of April 08, 2022, DA Davidson has increased its “an Underperform” rating to a “Neutral” for WDFC. Earlier on April 04, 2022, DA Davidson downgraded its rating. Their new recommendation was “an Underperform” for WDFC stock which previously was a “a Neutral”.
Analyzing WDFC Stock Performance
During the last five days, there has been a drop of approximately -1.20%. Over the course of the year, WD-40 Co shares have jumped approximately 14.72%. Shares of the company reached a 52-week high of $292.36 on 11/13/24 and a 52-week low of $211.03 on 07/05/24. A 50-day SMA is recorded $266.61, while a 200-day SMA reached $249.41. Nevertheless, trading volume fell to 0.19 million shares from 98600.0 shares the previous day.
Support And Resistance Levels for WD-40 Co (WDFC)
According to the 24-hour chart, there is a support level at 270.34, which, if violated, would cause prices to drop to 266.42. In the upper region, resistance lies at 280.44. The next price resistance is at 286.61. RSI (Relative Strength Index) is 49.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.92, which suggests the price will decrease in the coming days. Percent R is at 83.79%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
