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The Potential Rise in the Price of Northwest Pipe Co (NWPX) following insiders activity

In a filing, Northwest Pipe Co revealed its CFO Wilkins Aaron unloaded Company’s shares for reported $0.12 million on Nov 19 ’24. In the deal valued at $53.60 per share,2,200 shares were sold. As a result of this transaction, Wilkins Aaron now holds 22,895 shares worth roughly $1.14 million.

Then, Wilkins Aaron sold 300 shares, generating $15,930 in total proceeds. Upon selling the shares at $53.10, the CFO now owns 25,095 shares.

Before that, AARON WILKINS bought 2,500 shares. Northwest Pipe Co shares valued at $133,125 were divested by the Officer at a price of $53.25 per share.

Northland Capital downgraded its Northwest Pipe Co [NWPX] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in late January with a ‘”an Outperform”‘ rating. Boenning & Scattergood also remained covering NWPX and reiterated its “an Outperform” recommendation on November 01, 2013. Boenning & Scattergood maintained its rating on August 07, 2013. It rated NWPX as “an Outperform”.

Price Performance Review of NWPX

On Friday, Northwest Pipe Co [NASDAQ:NWPX] saw its stock jump 1.16% to $49.78. Over the last five days, the stock has gained 10.16%. Northwest Pipe Co shares have risen nearly 3.15% since the year began. Nevertheless, the stocks have risen 71.18% over the past one year. While a 52-week high of $57.76 was reached on 01/06/25, a 52-week low of $27.89 was recorded on 01/10/25. SMA at 50 days reached $51.97, while 200 days put it at $41.68.

Levels Of Support And Resistance For NWPX Stock

The 24-hour chart illustrates a support level at 48.97, which if violated will result in even more drops to 48.16. On the upside, there is a resistance level at 50.47. A further resistance level may holdings at 51.16. The Relative Strength Index (RSI) on the 14-day chart is 52.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.46, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.21%. Stochastics %K at 67.72% indicates the stock is a holding.

How much short interest is there in Northwest Pipe Co?

A steep rise in short interest was recorded in Northwest Pipe Co stocks on 2024-12-31, growing by 23740.0 shares to a total of 91982.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 68242.0 shares. There was a rise of 25.81%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on July 20, 2012 when Boenning & Scattergood began covering the stock and recommended ‘”an Outperform”‘ rating along with a $30 price target.

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