Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Welltower Inc shares valued at $286,418 were sold by BACON KENNETH J on Dec 09 ’24. At $130.19 per share, BACON KENNETH J sold 2,200 shares. The insider’s holdings dropped to 12,379 shares worth approximately $1.86 million following the completion of this transaction.
Also, Kenneth J. Bacon purchased 2,200 shares, netting a total of over 289,014 in proceeds.
Before that, BACON KENNETH J had sold 1,800 shares from its account. In a trade valued at $187,038, the Director traded Welltower Inc shares for $103.91 each. Upon closing the transaction, the insider’s holdings decreased to 1,800 shares, worth approximately $2.19 million.
As published in a research note from RBC Capital Mkts on February 28, 2025, Welltower Inc [WELL] has been rated up from a Sector perform to an Outperform and the price target has been revised to $168 from $146. Analysts at Wedbush upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in mid February. As of January 02, 2025, Jefferies has increased its “Hold” rating to a “Buy” for WELL. Earlier on March 18, 2024, Exane BNP Paribas initiated its rating. Their recommendation was “an Outperform” for WELL stock.
Analyzing WELL Stock Performance
During the last five days, there has been a surge of approximately 1.37%. Over the course of the year, Welltower Inc shares have jumped approximately 18.96%. Shares of the company reached a 52-week high of $158.55 on 03/04/25 and a 52-week low of $123.11 on 01/10/25. A 50-day SMA is recorded $144.80, while a 200-day SMA reached $127.78.
Support And Resistance Levels for Welltower Inc (WELL)
According to the 24-hour chart, there is a support level at 148.85, which, if violated, would cause prices to drop to 147.79. In the upper region, resistance lies at 151.17. The next price resistance is at 152.43. RSI (Relative Strength Index) is 54.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.97, which suggests the price will decrease in the coming days. Percent R is at 29.71%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
