In a filing, Walgreens Boots Alliance Inc revealed its Former 10% owner Walgreens Boots Alliance, Inc. unloaded Company’s shares for reported $253.92 million on Feb 18 ’25. In the deal valued at $21.16 per share,12,000,000 shares were sold. As a result of this transaction, Walgreens Boots Alliance, Inc. now holds 11,239,996 shares worth roughly $125.55 million.
Then, Walgreens Boots Alliance, Inc. sold 1,286,376 shares, generating $314,531,796 in total proceeds. Upon selling the shares at $244.51, the 10% Owner now owns 12,570,000 shares.
Before that, Walgreens Boots Alliance Holdi bought 1,081,885 shares. Walgreens Boots Alliance Inc shares valued at $266,284,355 were divested by the Affiliate at a price of $246.13 per share.
Deutsche Bank downgraded its Walgreens Boots Alliance Inc [WBA] rating to a Sell from a a Hold in a research note published on February 28, 2025; the price target was decreased to $9 from $11. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late February with a ‘”a Market perform”‘ rating. HSBC Securities also remained covering WBA and has decreased its forecast on February 20, 2024 with a “Reduce” recommendation from previously “Hold” rating. Barclays started covering the stock on January 03, 2024. It rated WBA as “an Underweight”.
Price Performance Review of WBA
On Tuesday, Walgreens Boots Alliance Inc [NASDAQ:WBA] saw its stock fall -0.80% to $11.17. Over the last five days, the stock has lost -0.36%. Walgreens Boots Alliance Inc shares have risen nearly 19.72% since the year began. Nevertheless, the stocks have fallen -45.83% over the past one year. While a 52-week high of $22.05 was reached on 01/17/25, a 52-week low of $8.08 was recorded on 01/02/25. SMA at 50 days reached $10.84, while 200 days put it at $10.64.
Levels Of Support And Resistance For WBA Stock
The 24-hour chart illustrates a support level at 11.14, which if violated will result in even more drops to 11.11. On the upside, there is a resistance level at 11.23. A further resistance level may holdings at 11.30. The Relative Strength Index (RSI) on the 14-day chart is 54.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.77%. Stochastics %K at 63.16% indicates the stock is a holding.
How much short interest is there in Walgreens Boots Alliance Inc?
A steep rise in short interest was recorded in Walgreens Boots Alliance Inc stocks on 2025-02-28, dropping by -0.54 million shares to a total of 62.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 63.51 million shares. There was a decline of -0.86%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 22, 2023 when HSBC Securities began covering the stock and recommended ‘”a Hold”‘ rating along with a $27 price target.
