Welltower Inc’s recent filing unveils 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 $1.81 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 $2.14 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 jump 0.69% to $146.59. Over the last five days, the stock has gained 7.40%. Welltower Inc shares have risen nearly 16.31% since the year began. Nevertheless, the stocks have risen 63.26% 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 $148.00, while 200 days put it at $130.59.
Levels Of Support And Resistance For WELL Stock
The 24-hour chart illustrates a support level at 144.96, which if violated will result in even more drops to 143.32. On the upside, there is a resistance level at 148.07. A further resistance level may holdings at 149.54. The Relative Strength Index (RSI) on the 14-day chart is 50.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.87%. Stochastics %K at 54.08% indicates the stock is a holding.
How much short interest is there in Welltower Inc?
A steep rise in short interest was recorded in Welltower Inc stocks on 2025-03-31, dropping by -1.77 million shares to a total of 8.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 10.76 million shares. There was a decline of -19.74%, which implies that there is a negative 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.
