Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Westinghouse Air Brake Technologies Corp shares valued at $161,554 were sold by Santana Rafael on Feb 27 ’25. At $182.34 per share, Santana Rafael sold 886 shares. The insider’s holdings dropped to 176,295 shares worth approximately $32.69 million following the completion of this transaction.
Also, Santana Rafael sold 894 shares, netting a total of over 164,348 in proceeds. Following the sale of shares at $183.83 each, the insider now holds 177,181 shares.
Before that, Rafael Santana had added 1,780 shares to its account. In a trade valued at $325,740, the Officer bought Westinghouse Air Brake Technologies Corp shares for $183.00 each.
As published in a research note from TD Cowen on April 25, 2024, Westinghouse Air Brake Technologies Corp [WAB] has been retained to a Hold and the price target has been revised to $147. Analysts at TD Cowen resumed the stock at ‘”a Market perform”‘ outlook in a report released in mid February. As of February 15, 2024, Redburn Atlantic has decreased its “Buy” rating to a “Neutral” for WAB. Earlier on January 16, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for WAB stock which previously was a “a Neutral”.
Analyzing WAB Stock Performance
During the last five days, there has been a surge of approximately 5.20%. Over the course of the year, Westinghouse Air Brake Technologies Corp shares have dropped approximately -2.20%. Shares of the company reached a 52-week high of $210.88 on 01/30/25 and a 52-week low of $172.58 on 03/04/25. A 50-day SMA is recorded $192.65, while a 200-day SMA reached $180.88.
Support And Resistance Levels for Westinghouse Air Brake Technologies Corp (WAB)
According to the 24-hour chart, there is a support level at 183.81, which, if violated, would cause prices to drop to 182.20. In the upper region, resistance lies at 186.78. The next price resistance is at 188.14. RSI (Relative Strength Index) is 51.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.75, which suggests the price will increase in the coming days. Percent R is at 14.87%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
