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Taking a look at what insiders are doing to gauge the Wabash National Corp (WNC)’s direction

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Wabash National Corp shares valued at $110,100 were purchased by Page Kevin J on Mar 17 ’25. At $11.01 per share, Page Kevin J acquired 10,000 shares.

Also, Pettit Michael N sold 1,500 shares, netting a total of over 25,785 in proceeds. Following the sale of shares at $17.19 each, the insider now holds 117,227 shares.

Before that, Pettit Michael N had added 1,500 shares to its account. In a trade valued at $25,785, the Officer bought Wabash National Corp shares for $17.19 each.

As published in a research note from DA Davidson on September 09, 2024, Wabash National Corp [WNC] has been retained to a Neutral and the price target has been revised to $18. Analysts at DA Davidson downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late September. As of July 05, 2023, Raymond James has decreased its “Strong buy” rating to a “Mkt perform” for WNC. Earlier on December 05, 2022, Vertical Research downgraded its rating. Their new recommendation was “a Hold” for WNC stock which previously was a “a Buy”.

Analyzing WNC Stock Performance

During the last five days, there has been a drop of approximately -1.46%. Over the course of the year, Wabash National Corp shares have dropped approximately -40.98%. Shares of the company reached a 52-week high of $17.55 on 01/07/25 and a 52-week low of $9.22 on 04/09/25. A 50-day SMA is recorded $11.90, while a 200-day SMA reached $17.24.

Support And Resistance Levels for Wabash National Corp (WNC)

According to the 24-hour chart, there is a support level at 9.92, which, if violated, would cause prices to drop to 9.74. In the upper region, resistance lies at 10.29. The next price resistance is at 10.48. RSI (Relative Strength Index) is 40.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.68, which suggests the price will decrease in the coming days. Percent R is at 69.10%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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