Smurfit WestRock plc’s filing revealed that its insider Henao Alvaro unloaded Company’s shares for reported $0.22 million on Feb 24 ’25. In the deal valued at $53.90 per share,4,000 shares were sold. As a result of this transaction, Henao Alvaro now holds 44,361 shares worth roughly $2.02 million.
Then, Henao Alvaro bought 4,000 shares, generating $215,604 in total proceeds.
Before that, Bowles Ken sold 24,225 shares. Smurfit WestRock plc shares valued at $1,333,828 were divested by the insider at a price of $55.06 per share. As a result of the transaction, Bowles Ken now holds 111,458 shares, worth roughly $5.08 million.
Truist initiated its Smurfit WestRock plc [SW] rating to a Buy in a research note published on January 21, 2025; the price target was $62. A number of analysts have revised their coverage, including Argus’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. RBC Capital Mkts also remained covering SW and has increased its forecast on October 31, 2024 with a “an Outperform” recommendation from previously “Sector perform” rating. Citigroup started covering the stock on October 23, 2024. It rated SW as “a Buy”.
Price Performance Review of SW
On Tuesday, Smurfit WestRock plc [NYSE:SW] saw its stock jump 1.22% to $45.57. Over the last five days, the stock has gained 1.11%. Smurfit WestRock plc shares have fallen nearly -15.39% since the year began. Nevertheless, the stocks have risen 37.92% over the past one year.
Levels Of Support And Resistance For SW Stock
The 24-hour chart illustrates a support level at 44.72, which if violated will result in even more drops to 43.87. On the upside, there is a resistance level at 46.33. A further resistance level may holdings at 47.09. The Relative Strength Index (RSI) on the 14-day chart is 42.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.50%. Stochastics %K at 35.09% indicates the stock is a holding.
How much short interest is there in Smurfit WestRock plc?
A steep rise in short interest was recorded in Smurfit WestRock plc stocks on 2025-03-14, dropping by -0.82 million shares to a total of 14.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 15.77 million shares. There was a decline of -5.52%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 23, 2024 when Redburn Atlantic began covering the stock and recommended ‘”a Buy”‘ rating along with a $60 price target.
