West Pharmaceutical Services, Inc’s recent filing unveils that its VP & Treasurer Witherspoon Charles unloaded Company’s shares for reported $0.22 million on Oct 29 ’24. In the deal valued at $310.40 per share,703 shares were sold. As a result of this transaction, Witherspoon Charles now holds 1,253 shares worth roughly $0.42 million.
Then, Witherspoon Charles sold 1,029 shares, generating $308,700 in total proceeds. Upon selling the shares at $300.00, the VP & Treasurer now owns 1,478 shares.
Before that, Hofmann Thomas W sold 617 shares. West Pharmaceutical Services, Inc shares valued at $225,773 were divested by the Director at a price of $365.92 per share. As a result of the transaction, Hofmann Thomas W now holds 43,565 shares, worth roughly $14.68 million.
Citigroup initiated its West Pharmaceutical Services, Inc [WST] rating to a Buy in a research note published on January 08, 2025; the price target was $400. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid December with a ‘”a Peer perform”‘ rating. UBS also remained covering WST and has increased its forecast on December 12, 2024 with a “Buy” recommendation from previously “Neutral” rating. Jefferies revised its rating on February 07, 2024. It rated WST as “a Buy” which previously was an “a Hold”.
Price Performance Review of WST
On Monday, West Pharmaceutical Services, Inc [NYSE:WST] saw its stock fall -1.32% to $337.03. Over the last five days, the stock has lost -2.33%. West Pharmaceutical Services, Inc shares have risen nearly 2.89% since the year began. Nevertheless, the stocks have fallen -9.65% over the past one year. While a 52-week high of $413.70 was reached on 01/28/25, a 52-week low of $265.00 was recorded on 01/15/25. SMA at 50 days reached $330.08, while 200 days put it at $322.27.
Levels Of Support And Resistance For WST Stock
The 24-hour chart illustrates a support level at 334.22, which if violated will result in even more drops to 331.42. On the upside, there is a resistance level at 341.19. A further resistance level may holdings at 345.36. The Relative Strength Index (RSI) on the 14-day chart is 50.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.26%. Stochastics %K at 70.59% indicates the stock is a holding.
How much short interest is there in West Pharmaceutical Services, Inc?
A steep rise in short interest was recorded in West Pharmaceutical Services, Inc stocks on 2025-01-15, growing by 0.34 million shares to a total of 1.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.16 million shares. There was a rise of 22.78%, which implies that there is a positive sentiment for the stock.
