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WDFC (WD-40 Co) may reap gains as insiders became active recently

In a filing, WD-40 Co revealed its Group Managing Director NOBLE WILLIAM B unloaded Company’s shares for reported $0.29 million on Nov 13 ’24. In the deal valued at $289.70 per share,1,000 shares were sold. As a result of this transaction, NOBLE WILLIAM B now holds 7,999 shares worth roughly $1.85 million.

Then, WILLIAM NOBLE bought 1,000 shares, generating $289,701 in total proceeds.

Before that, NOBLE WILLIAM B sold 800 shares. WD-40 Co shares valued at $205,584 were divested by the Group Managing Director, EIMEA at a price of $256.98 per share. As a result of the transaction, NOBLE WILLIAM B now holds 8,999 shares, worth roughly $2.09 million.

DA Davidson upgraded its WD-40 Co [WDFC] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BWS Financial’s analysts, who began to cover the stock in mid July with a ‘”a Sell”‘ rating. DA Davidson also remained covering WDFC and has increased its forecast on April 08, 2022 with a “Neutral” recommendation from previously “an Underperform” rating. DA Davidson revised its rating on April 04, 2022. It rated WDFC as “an Underperform” which previously was an “a Neutral”.

Price Performance Review of WDFC

On Friday, WD-40 Co [NASDAQ:WDFC] saw its stock jump 0.22% to $231.78. Over the last five days, the stock has lost -3.73%. WD-40 Co shares have fallen nearly -4.49% since the year began. Nevertheless, the stocks have fallen -15.58% over the past one year. While a 52-week high of $292.36 was reached on 01/13/25, a 52-week low of $211.03 was recorded on 01/14/25. SMA at 50 days reached $262.11, while 200 days put it at $248.71.

Levels Of Support And Resistance For WDFC Stock

The 24-hour chart illustrates a support level at 229.42, which if violated will result in even more drops to 227.06. On the upside, there is a resistance level at 233.94. A further resistance level may holdings at 236.11. The Relative Strength Index (RSI) on the 14-day chart is 32.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.84%. Stochastics %K at 34.99% indicates the stock is a holding.

How much short interest is there in WD-40 Co?

A steep rise in short interest was recorded in WD-40 Co stocks on 2024-12-13, growing by 66107.0 shares to a total of 1.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.14 million shares. There was a rise of 5.47%, which implies that there is a positive sentiment for the stock.

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