Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Whirlpool Corp shares valued at $1,100,900 were sold by Bitzer Marc R on Nov 19 ’24. At $110.09 per share, Bitzer Marc R sold 10,000 shares. The insider’s holdings dropped to 197,640 shares worth approximately $26.1 million following the completion of this transaction.
Also, Bitzer Marc R purchased 10,000 shares, netting a total of over 1,096,400 in proceeds.
Before that, Peters James W had sold 6,000 shares from its account. In a trade valued at $626,864, the EVP, CFO AND ADMIN OFFICER traded Whirlpool Corp shares for $104.48 each. Upon closing the transaction, the insider’s holdings decreased to 6,000 shares, worth approximately $5.49 million.
Analysts at Loop Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in late February. As of October 27, 2023, Longbow has decreased its “Buy” rating to a “Neutral” for WHR. Earlier on April 11, 2023, Goldman upgraded its rating. Their new recommendation was “a Buy” for WHR stock which previously was a “a Neutral”.
Analyzing WHR Stock Performance
During the last five days, there has been a surge of approximately 4.81%. Over the course of the year, Whirlpool Corp shares have jumped approximately 15.37%. Shares of the company reached a 52-week high of $133.14 on 01/22/25 and a 52-week low of $110.11 on 01/08/25. A 50-day SMA is recorded $116.58, while a 200-day SMA reached $103.79. Nevertheless, trading volume fell to 0.69 million shares from 0.62 million shares the previous day.
Support And Resistance Levels for Whirlpool Corp (WHR)
According to the 24-hour chart, there is a support level at 130.77, which, if violated, would cause prices to drop to 129.45. In the upper region, resistance lies at 133.27. The next price resistance is at 134.45. RSI (Relative Strength Index) is 75.60 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 9.65, which suggests the price will increase in the coming days. Percent R is at 4.60%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
