The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Walgreens Boots Alliance Inc shares valued at $253,920,000 were sold by Walgreens Boots Alliance, Inc. on Feb 18 ’25. At $21.16 per share, Walgreens Boots Alliance, Inc. sold 12,000,000 shares. The insider’s holdings dropped to 11,239,996 shares worth approximately $126.56 million following the completion of this transaction.
Also, Walgreens Boots Alliance, Inc. sold 1,286,376 shares, netting a total of over 314,531,796 in proceeds. Following the sale of shares at $244.51 each, the insider now holds 12,570,000 shares.
Before that, Walgreens Boots Alliance Holdi had added 1,081,885 shares to its account. In a trade valued at $266,284,355, the Affiliate bought Walgreens Boots Alliance Inc shares for $246.13 each.
As published in a research note from Deutsche Bank on February 28, 2025, Walgreens Boots Alliance Inc [WBA] has been rated down from a Hold to a Sell and the price target has been revised to $9 from $11. Analysts at Leerink Partners started covering the stock with ‘”a Market perform”‘ outlook in a report released in late February. As of February 20, 2024, HSBC Securities has decreased its “Hold” rating to a “Reduce” for WBA. Earlier on January 03, 2024, Barclays initiated its rating. Their recommendation was “an Underweight” for WBA stock.
Analyzing WBA Stock Performance
During the last five days, there has been a surge of approximately 6.23%. Over the course of the year, Walgreens Boots Alliance Inc shares have jumped approximately 20.69%. Shares of the company reached a 52-week high of $13.25 on 01/17/25 and a 52-week low of $9.07 on 01/02/25. A 50-day SMA is recorded $10.72, while a 200-day SMA reached $10.70.
Support And Resistance Levels for Walgreens Boots Alliance Inc (WBA)
According to the 24-hour chart, there is a support level at 11.19, which, if violated, would cause prices to drop to 11.11. In the upper region, resistance lies at 11.33. The next price resistance is at 11.39. RSI (Relative Strength Index) is 55.65 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.23, which suggests the price will decrease in the coming days. Percent R is at 31.22%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
