Welltower Inc’s filing revealed that its Director BACON KENNETH J unloaded Company’s shares for reported $0.29 million on Dec 09 ’24. In the deal valued at $130.19 per share,2,200 shares were sold. As a result of this transaction, BACON KENNETH J now holds 12,379 shares worth roughly $1.69 million.
Then, Kenneth J. Bacon bought 2,200 shares, generating $289,014 in total proceeds.
Before that, BACON KENNETH J sold 1,800 shares. Welltower Inc shares valued at $187,038 were divested by the Director at a price of $103.91 per share. As a result of the transaction, BACON KENNETH J now holds 14,579 shares, worth roughly $1.99 million.
Wells Fargo upgraded its Welltower Inc [WELL] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in late February from “a Sector perform” to “an Outperform”. Wedbush also remained covering WELL and has increased its forecast on February 14, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. Jefferies revised its rating on January 02, 2025. It rated WELL as “a Buy” which previously was an “a Hold”.
Price Performance Review of WELL
On Tuesday, Welltower Inc [NYSE:WELL] saw its stock fall -1.67% to $136.49. Over the last five days, the stock has lost -11.46%. Welltower Inc shares have risen nearly 8.30% since the year began. Nevertheless, the stocks have risen 48.75% over the past one year. While a 52-week high of $158.55 was reached on 03/04/25, a 52-week low of $87.87 was recorded on 01/10/25. SMA at 50 days reached $147.35, while 200 days put it at $129.56.
Levels Of Support And Resistance For WELL Stock
The 24-hour chart illustrates a support level at 133.40, which if violated will result in even more drops to 130.32. On the upside, there is a resistance level at 141.44. A further resistance level may holdings at 146.40. The Relative Strength Index (RSI) on the 14-day chart is 31.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.49%. Stochastics %K at 6.04% indicates the stock is a buying.
How much short interest is there in Welltower Inc?
A steep rise in short interest was recorded in Welltower Inc stocks on 2025-03-14, growing by 2.88 million shares to a total of 12.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.36 million shares. There was a rise of 23.51%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 18, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $104 price target.
