Werner Enterprises, Inc’s filing revealed that its Director WELLMAN ALEXI acquired Company’s shares for reported $3800.0 on Mar 06 ’24. In the deal valued at $38.00 per share,100 shares were bought. As a result of this transaction, WELLMAN ALEXI now holds 6,493 shares worth roughly $0.24 million.
Susquehanna upgraded its Werner Enterprises, Inc [WERN] rating to a Neutral from a a Negative in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late October has reiterated a ‘”a Buy”‘ rating for it. Citigroup began covering WERN with “Sell” recommendation on October 09, 2024. TD Cowen maintained its rating on July 31, 2024. It rated WERN as “a Buy”.
Price Performance Review of WERN
On Friday, Werner Enterprises, Inc [NASDAQ:WERN] saw its stock fall -2.48% to $36.50. Over the last five days, the stock has gained 5.92%. Werner Enterprises, Inc shares have risen nearly 1.61% since the year began. Nevertheless, the stocks have fallen -7.29% over the past one year. While a 52-week high of $42.48 was reached on 01/16/25, a 52-week low of $33.12 was recorded on 01/13/25. SMA at 50 days reached $38.38, while 200 days put it at $37.21.
Levels Of Support And Resistance For WERN Stock
The 24-hour chart illustrates a support level at 36.05, which if violated will result in even more drops to 35.59. On the upside, there is a resistance level at 37.10. A further resistance level may holdings at 37.69. The Relative Strength Index (RSI) on the 14-day chart is 47.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.89%. Stochastics %K at 84.00% indicates the stock is a selling.
How much short interest is there in Werner Enterprises, Inc?
A steep rise in short interest was recorded in Werner Enterprises, Inc stocks on 2024-12-31, dropping by 48564.0 shares to a total of 3.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.98 million shares. There was a decline of -1.24%, which implies that there is a negative sentiment for the stock.
