Smurfit WestRock plc’s recently made public that its insider Bowles Ken unloaded Company’s shares for reported $1.33 million on Feb 19 ’25. In the deal valued at $55.06 per share,24,225 shares were sold. As a result of this transaction, Bowles Ken now holds 111,458 shares worth roughly $5.93 million.
Then, SMURFIT ANTHONY P J sold 78,000 shares, generating $4,293,120 in total proceeds. Upon selling the shares at $55.04, the insider now owns 1,504,545 shares.
Before that, Bowles Ken bought 24,225 shares. Smurfit WestRock plc shares valued at $1,333,927 were divested by the Officer at a price of $55.06 per share.
Truist initiated its Smurfit WestRock plc [SW] rating to a Buy in a research note published on January 21, 2025; the price target was $62. A number of analysts have revised their coverage, including Argus’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. RBC Capital Mkts also remained covering SW and has increased its forecast on October 31, 2024 with a “an Outperform” recommendation from previously “Sector perform” rating. Citigroup started covering the stock on October 23, 2024. It rated SW as “a Buy”.
Price Performance Review of SW
On Friday, Smurfit WestRock plc [NYSE:SW] saw its stock fall -1.74% to $53.16. Over the last five days, the stock has lost -2.73%. Smurfit WestRock plc shares have fallen nearly -1.30% since the year began. Nevertheless, the stocks have risen 30.68% over the past one year.
Levels Of Support And Resistance For SW Stock
The 24-hour chart illustrates a support level at 52.79, which if violated will result in even more drops to 52.41. On the upside, there is a resistance level at 53.75. A further resistance level may holdings at 54.33. The Relative Strength Index (RSI) on the 14-day chart is 47.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.02%. Stochastics %K at 78.49% indicates the stock is a holding.
The most recent change occurred on August 23, 2024 when Redburn Atlantic began covering the stock and recommended ‘”a Buy”‘ rating along with a $60 price target.
