Westinghouse Air Brake Technologies Corp’s recent filing unveils that its President and CEO Santana Rafael unloaded Company’s shares for reported $0.16 million on Feb 27 ’25. In the deal valued at $182.34 per share,886 shares were sold. As a result of this transaction, Santana Rafael now holds 176,295 shares worth roughly $32.06 million.
Then, Santana Rafael sold 894 shares, generating $164,348 in total proceeds. Upon selling the shares at $183.83, the President and CEO now owns 177,181 shares.
Before that, Rafael Santana bought 1,780 shares. Westinghouse Air Brake Technologies Corp shares valued at $325,740 were divested by the Officer at a price of $183.00 per share.
TD Cowen reiterated its Westinghouse Air Brake Technologies Corp [WAB] rating to a Hold in a research note published on April 25, 2024; the price target was $147. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid February has reiterated a ‘”a Market perform”‘ rating for it. Redburn Atlantic also remained covering WAB and has decreased its forecast on February 15, 2024 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities revised its rating on January 16, 2024. It rated WAB as “a Buy” which previously was an “a Neutral”.
Price Performance Review of WAB
On Monday, Westinghouse Air Brake Technologies Corp [NYSE:WAB] saw its stock jump 1.78% to $181.87. Over the last five days, the stock has gained 3.63%. Westinghouse Air Brake Technologies Corp shares have fallen nearly -4.07% since the year began. Nevertheless, the stocks have risen 27.80% over the past one year. While a 52-week high of $210.88 was reached on 01/30/25, a 52-week low of $139.12 was recorded on 03/04/25. SMA at 50 days reached $193.03, while 200 days put it at $180.65.
Levels Of Support And Resistance For WAB Stock
The 24-hour chart illustrates a support level at 179.37, which if violated will result in even more drops to 176.88. On the upside, there is a resistance level at 183.43. A further resistance level may holdings at 184.99. The Relative Strength Index (RSI) on the 14-day chart is 45.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.36%. Stochastics %K at 42.17% indicates the stock is a holding.
How much short interest is there in Westinghouse Air Brake Technologies Corp?
A steep rise in short interest was recorded in Westinghouse Air Brake Technologies Corp stocks on 2025-02-28, dropping by 9743.0 shares to a total of 2.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.24 million shares. There was a decline of -0.44%, which implies that there is a negative sentiment for the stock.
