Westrock Coffee Company’s recently made public that its CHIEF OPERATING OFFICER Ford William A acquired Company’s shares for reported $96750.0 on Mar 14 ’25. In the deal valued at $6.45 per share,15,000 shares were bought. As a result of this transaction, Ford William A now holds 476,190 shares worth roughly $3.28 million.
Then, FORD JOE T bought 66,300 shares, generating $438,243 in total proceeds. Upon buying the shares at $6.61, the Director now owns 242,000 shares.
Before that, FORD JOE T bought 35,000 shares. Westrock Coffee Company shares valued at $246,400 were divested by the Director at a price of $7.04 per share. As a result of the transaction, FORD JOE T now holds 3,281,976 shares, worth roughly $22.61 million.
Telsey Advisory Group reiterated its Westrock Coffee Company [WEST] rating to an Outperform in a research note published on November 08, 2024; the price target was $10. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Craig Hallum began covering WEST with “Buy” recommendation on September 23, 2024. Telsey Advisory Group maintained its rating on May 10, 2024. It rated WEST as “an Outperform”.
Price Performance Review of WEST
On Friday, Westrock Coffee Company [NASDAQ:WEST] saw its stock jump 5.67% to $6.89. Over the last five days, the stock has gained 0.15%. Westrock Coffee Company shares have risen nearly 7.32% since the year began. Nevertheless, the stocks have fallen -29.91% over the past one year. While a 52-week high of $10.99 was reached on 01/31/25, a 52-week low of $5.28 was recorded on 03/13/25. SMA at 50 days reached $6.50, while 200 days put it at $7.67.
Levels Of Support And Resistance For WEST Stock
The 24-hour chart illustrates a support level at 6.53, which if violated will result in even more drops to 6.16. On the upside, there is a resistance level at 7.09. A further resistance level may holdings at 7.28. The Relative Strength Index (RSI) on the 14-day chart is 54.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.77%. Stochastics %K at 69.26% indicates the stock is a holding.
How much short interest is there in Westrock Coffee Company?
A steep rise in short interest was recorded in Westrock Coffee Company stocks on 2025-02-28, dropping by -0.16 million shares to a total of 5.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.77 million shares. There was a decline of -2.88%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 16, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $13.
