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DA Davidson downgrades WaFd Inc (WAFD) stock to a Neutral

WaFd Inc’s recent filing unveils that its EVP & Chief Credit Officer Mauer Ryan unloaded Company’s shares for reported $0.4 million on Nov 04 ’24. In the deal valued at $33.33 per share,12,132 shares were sold. As a result of this transaction, Mauer Ryan now holds 100,376 shares worth roughly $2.94 million.

Then, Cooper Cathy E sold 7,500 shares, generating $243,938 in total proceeds. Upon selling the shares at $32.52, the EVP & Chief Consumer Banker now owns 74,250 shares.

Before that, Mauer Ryan bought 12,132 shares. WaFd Inc shares valued at $404,845 were divested by the Officer at a price of $33.37 per share.

DA Davidson downgraded its WaFd Inc [WAFD] rating to a Neutral from a a Buy in a research note published on February 06, 2025; the price target was decreased to $32 from $35. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in late October from “an Outperform” to “a Mkt perform”. Stephens began covering WAFD with “an Equal-weight” recommendation on December 08, 2023. DA Davidson revised its rating on March 15, 2022. It rated WAFD as “a Buy” which previously was an “a Neutral”.

Price Performance Review of WAFD

On Friday, WaFd Inc [NASDAQ:WAFD] saw its stock fall -2.01% to $29.26. Over the last five days, the stock has lost -2.30%. WaFd Inc shares have fallen nearly -9.24% since the year began. Nevertheless, the stocks have risen 3.06% over the past one year. While a 52-week high of $38.62 was reached on 01/02/25, a 52-week low of $25.78 was recorded on 02/03/25. SMA at 50 days reached $31.51, while 200 days put it at $32.57.

Levels Of Support And Resistance For WAFD Stock

The 24-hour chart illustrates a support level at 28.92, which if violated will result in even more drops to 28.59. On the upside, there is a resistance level at 29.74. A further resistance level may holdings at 30.23. The Relative Strength Index (RSI) on the 14-day chart is 39.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.70%. Stochastics %K at 46.89% indicates the stock is a holding.

The most recent change occurred on February 19, 2020 when Stephens began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $36 price target.

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