Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Smurfit WestRock plc shares valued at $215,604 were sold by Henao Alvaro on Feb 24 ’25. At $53.90 per share, Henao Alvaro sold 4,000 shares. The insider’s holdings dropped to 44,361 shares worth approximately $2.07 million following the completion of this transaction.
Also, Henao Alvaro purchased 4,000 shares, netting a total of over 215,604 in proceeds.
Before that, Bowles Ken had sold 24,225 shares from its account. In a trade valued at $1,333,828, the insider traded Smurfit WestRock plc shares for $55.06 each. Upon closing the transaction, the insider’s holdings decreased to 24,225 shares, worth approximately $5.21 million.
As published in their initiating research note from Truist on January 21, 2025, Smurfit WestRock plc [SW] has been a Buy and the price target has been revised to $62. Analysts at Argus started covering the stock with ‘”a Buy”‘ outlook in a report released in early December. As of October 31, 2024, RBC Capital Mkts has increased its “Sector perform” rating to a “an Outperform” for SW. Earlier on October 23, 2024, Citigroup initiated its rating. Their recommendation was “a Buy” for SW stock.
Analyzing SW Stock Performance
During the last five days, there has been a drop of approximately -9.58%. Over the course of the year, Smurfit WestRock plc shares have dropped approximately -13.22%.
Support And Resistance Levels for Smurfit WestRock plc (SW)
According to the 24-hour chart, there is a support level at 46.12, which, if violated, would cause prices to drop to 45.51. In the upper region, resistance lies at 47.76. The next price resistance is at 48.78. RSI (Relative Strength Index) is 33.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.72, which suggests the price will decrease in the coming days. Percent R is at 96.90%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
