Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Johnson & Johnson shares valued at $147,220 were purchased by WEINBERGER MARK A on Dec 12 ’24. At $147.22 per share, WEINBERGER MARK A acquired 1,000 shares. The insider’s holdings grew to 1,000 shares worth approximately $0.15 million following the completion of this transaction.
Also, Hait William purchased 25,742 shares, netting a total of over 3,858,598 in proceeds.
Before that, Decker Robert J had sold 5,635 shares from its account. In a trade valued at $930,113, the VP Corporate Controller traded Johnson & Johnson shares for $165.06 each. Upon closing the transaction, the insider’s holdings decreased to 5,635 shares, worth approximately $2.76 million.
Analysts at Wolfe Research started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid November. As of July 23, 2024, Daiwa Securities has decreased its “an Outperform” rating to a “Neutral” for JNJ.
Analyzing JNJ Stock Performance
During the last five days, there has been a surge of approximately 0.36%. Over the course of the year, Johnson & Johnson shares have jumped approximately 0.45%. Shares of the company reached a 52-week high of $148.86 on 01/21/25 and a 52-week low of $140.68 on 01/10/25. A 50-day SMA is recorded $148.87, while a 200-day SMA reached $153.73. Nevertheless, trading volume fell to 16.72 million shares from 11.11 million shares the previous day.
Support And Resistance Levels for Johnson & Johnson (JNJ)
According to the 24-hour chart, there is a support level at 143.10, which, if violated, would cause prices to drop to 140.92. In the upper region, resistance lies at 146.46. The next price resistance is at 147.64. RSI (Relative Strength Index) is 46.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.86, which suggests the price will increase in the coming days. Percent R is at 43.89%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
