Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Westrock Coffee Company shares valued at $96,750 were purchased by Ford William A on Mar 14 ’25. At $6.45 per share, Ford William A acquired 15,000 shares. The insider’s holdings grew to 476,190 shares worth approximately $2.99 million following the completion of this transaction.
Also, FORD JOE T purchased 66,300 shares, netting a total of over 438,243 in proceeds. Following the buying of shares at $6.61 each, the insider now holds 242,000 shares.
Before that, FORD JOE T had added 35,000 shares to its account. In a trade valued at $246,400, the Director bought Westrock Coffee Company shares for $7.04 each. Upon closing the transaction, the insider’s holdings increased to 35,000 shares, worth approximately $20.58 million.
As published in a research note from Telsey Advisory Group on November 08, 2024, Westrock Coffee Company [WEST] has been retained to an Outperform and the price target has been revised to $10. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in early October. As of September 23, 2024, Craig Hallum has initiated its “Buy” rating for WEST. Earlier on May 10, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “an Outperform” for WEST stock.
Analyzing WEST Stock Performance
During the last five days, there has been a drop of approximately -10.56%. Over the course of the year, Westrock Coffee Company shares have dropped approximately -2.34%. Shares of the company reached a 52-week high of $7.41 on 03/28/25 and a 52-week low of $5.38 on 03/13/25. A 50-day SMA is recorded $6.58, while a 200-day SMA reached $7.46.
Support And Resistance Levels for Westrock Coffee Company (WEST)
According to the 24-hour chart, there is a support level at 5.70, which, if violated, would cause prices to drop to 5.14. In the upper region, resistance lies at 6.61. The next price resistance is at 6.95. RSI (Relative Strength Index) is 45.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.79, which suggests the price will decrease in the coming days. Percent R is at 58.26%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
