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 $2.94 million.
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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 $2.33 million.
Wolfe Research initiated its Johnson & Johnson [JNJ] rating to an Outperform in a research note published on November 15, 2024; the price target was $190. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who decreased its forecast for the stock in late July from “an Outperform” to “a Neutral”. HSBC Securities revised its rating on April 18, 2024. It rated JNJ as “a Buy” which previously was an “a Hold”.
Price Performance Review of JNJ
On Friday, Johnson & Johnson [NYSE:JNJ] saw its stock fall -0.25% to $155.01. Over the last five days, the stock has lost -0.32%. Johnson & Johnson shares have fallen nearly -1.10% since the year began. Nevertheless, the stocks have risen 1.91% 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 $159.31, while 200 days put it at $155.82.
Levels Of Support And Resistance For JNJ Stock
The 24-hour chart illustrates a support level at 154.23, which if violated will result in even more drops to 153.45. On the upside, there is a resistance level at 155.73. A further resistance level may holdings at 156.45. The Relative Strength Index (RSI) on the 14-day chart is 44.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.68%. Stochastics %K at 66.13% 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 2024-11-15, dropping by -1.18 million shares to a total of 17.48 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 18.66 million shares. There was a decline of -6.76%, which implies that there is a negative sentiment for the stock.
