In a filing, West Pharmaceutical Services, Inc revealed its VP & Treasurer Witherspoon Charles unloaded Company’s shares for reported $0.22 million on Oct 29 ’24. In the deal valued at $310.40 per share,703 shares were sold. As a result of this transaction, Witherspoon Charles now holds 1,253 shares worth roughly $0.42 million.
Then, Witherspoon Charles sold 1,029 shares, generating $308,700 in total proceeds. Upon selling the shares at $300.00, the VP & Treasurer now owns 1,478 shares.
Before that, Hofmann Thomas W sold 617 shares. West Pharmaceutical Services, Inc shares valued at $225,773 were divested by the Director at a price of $365.92 per share. As a result of the transaction, Hofmann Thomas W now holds 43,565 shares, worth roughly $14.49 million.
Wolfe Research initiated its West Pharmaceutical Services, Inc [WST] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “a Buy”. Jefferies also remained covering WST and has increased its forecast on February 07, 2024 with a “Buy” recommendation from previously “Hold” rating. BofA Securities revised its rating on June 16, 2023. It rated WST as “a Buy” which previously was an “a Neutral”.
Price Performance Review of WST
On Monday, West Pharmaceutical Services, Inc [NYSE:WST] saw its stock fall -0.85% to $332.72. Over the last five days, the stock has lost -0.15%. West Pharmaceutical Services, Inc shares have risen nearly 1.58% since the year began. Nevertheless, the stocks have fallen -2.23% over the past one year. While a 52-week high of $413.70 was reached on 01/06/25, a 52-week low of $265.00 was recorded on 01/02/25. SMA at 50 days reached $323.57, while 200 days put it at $326.79.
Levels Of Support And Resistance For WST Stock
The 24-hour chart illustrates a support level at 328.52, which if violated will result in even more drops to 324.32. On the upside, there is a resistance level at 338.51. A further resistance level may holdings at 344.30. The Relative Strength Index (RSI) on the 14-day chart is 56.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 36.25%. Stochastics %K at 63.71% indicates the stock is a holding.
How much short interest is there in West Pharmaceutical Services, Inc?
A steep rise in short interest was recorded in West Pharmaceutical Services, Inc stocks on 2024-12-13, dropping by -0.14 million shares to a total of 1.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.3 million shares. There was a decline of -11.88%, which implies that there is a negative sentiment for the stock.
