In a filing, Johnson & Johnson revealed its Director WEINBERGER MARK A acquired Company’s shares for reported $0.15 million on Dec 12 ’24. In the deal valued at $147.22 per share,1,000 shares were bought. As a result of this transaction, WEINBERGER MARK A now holds 1,000 shares worth roughly $0.15 million.
Then, Hait William bought 25,742 shares, generating $3,858,598 in total proceeds.
Before that, Decker Robert J sold 5,635 shares. Johnson & Johnson shares valued at $930,113 were divested by the VP Corporate Controller at a price of $165.06 per share. As a result of the transaction, Decker Robert J now holds 18,973 shares, worth roughly $2.89 million.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid November with a ‘”an Outperform”‘ rating. Daiwa Securities also remained covering JNJ and has decreased its forecast on July 23, 2024 with a “Neutral” recommendation from previously “an Outperform” rating.
Price Performance Review of JNJ
On Friday, Johnson & Johnson [NYSE:JNJ] saw its stock fall -0.47% to $152.15. Over the last five days, the stock has gained 3.63%. Johnson & Johnson shares have risen nearly 5.21% since the year began. Nevertheless, the stocks have fallen -4.17% over the past one year. While a 52-week high of $168.85 was reached on 01/30/25, a 52-week low of $140.68 was recorded on 01/10/25. SMA at 50 days reached $148.35, while 200 days put it at $153.75.
Levels Of Support And Resistance For JNJ Stock
The 24-hour chart illustrates a support level at 151.74, which if violated will result in even more drops to 151.34. On the upside, there is a resistance level at 152.87. A further resistance level may holdings at 153.59. The Relative Strength Index (RSI) on the 14-day chart is 59.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.82, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.54%. Stochastics %K at 85.34% indicates the stock is a selling.
How much short interest is there in Johnson & Johnson?
A steep rise in short interest was recorded in Johnson & Johnson stocks on 2024-12-31, dropping by -2.08 million shares to a total of 16.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 18.54 million shares. There was a decline of -12.66%, which implies that there is a negative sentiment for the stock.
