Welltower Inc’s recent filing unveils that its Director BACON KENNETH J unloaded Company’s shares for reported $0.29 million on Dec 09 ’24. In the deal valued at $130.19 per share,2,200 shares were sold. As a result of this transaction, BACON KENNETH J now holds 12,379 shares worth roughly $1.54 million.
Then, Kenneth J. Bacon bought 2,200 shares, generating $289,014 in total proceeds.
Before that, BACON KENNETH J sold 1,800 shares. Welltower Inc shares valued at $187,038 were divested by the Director at a price of $103.91 per share. As a result of the transaction, BACON KENNETH J now holds 14,579 shares, worth roughly $1.81 million.
Jefferies upgraded its Welltower Inc [WELL] rating to a Buy from a a Hold in a research note published on January 02, 2025; the price target was increased to $147 from $132. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who began to cover the stock in mid March with a ‘”an Outperform”‘ rating. Deutsche Bank began covering WELL with “Buy” recommendation on January 30, 2024. JP Morgan revised its rating on December 18, 2023. It rated WELL as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of WELL
On Monday, Welltower Inc [NYSE:WELL] saw its stock fall -1.41% to $124.05. Over the last five days, the stock has lost -0.76%. Welltower Inc shares have fallen nearly -1.57% since the year began. Nevertheless, the stocks have risen 39.85% over the past one year. While a 52-week high of $140.75 was reached on 01/06/25, a 52-week low of $85.40 was recorded on 01/02/25. SMA at 50 days reached $132.10, while 200 days put it at $114.85.
Levels Of Support And Resistance For WELL Stock
The 24-hour chart illustrates a support level at 123.11, which if violated will result in even more drops to 122.16. On the upside, there is a resistance level at 125.66. A further resistance level may holdings at 127.26. The Relative Strength Index (RSI) on the 14-day chart is 36.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.70%. Stochastics %K at 20.76% indicates the stock is a holding.
How much short interest is there in Welltower Inc?
A steep rise in short interest was recorded in Welltower Inc stocks on 2024-12-13, growing by 0.79 million shares to a total of 10.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 9.3 million shares. There was a rise of 7.86%, which implies that there is a positive sentiment for the stock.
