The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Global Water Resources Inc shares valued at $2,520,000 were purchased by Cohn Andrew M. on Mar 27 ’25. At $10.00 per share, Cohn Andrew M. acquired 252,000 shares. The insider’s holdings grew to 2,379,899 shares worth approximately $24.2 million following the completion of this transaction.
Also, Levine Jonathan L purchased 1,187,200 shares, netting a total of over 11,872,000 in proceeds. Following the buying of shares at $10.00 each, the insider now holds 11,398,491 shares.
Before that, Brill Steven D. had added 8 shares to its account. In a trade valued at $88, the VP of IT Operations bought Global Water Resources Inc shares for $11.64 each. Upon closing the transaction, the insider’s holdings increased to 8 shares, worth approximately $35472.96.
As published in their initiating research note from Janney on September 19, 2022, Global Water Resources Inc [GWRS] has been a Buy and the price target has been revised to $17.
Analyzing GWRS Stock Performance
During the last five days, there has been a surge of approximately 1.90%. Over the course of the year, Global Water Resources Inc shares have dropped approximately -11.57%. Shares of the company reached a 52-week high of $12.32 on 01/21/25 and a 52-week low of $9.37 on 04/07/25. A 50-day SMA is recorded $10.89, while a 200-day SMA reached $12.01.
Support And Resistance Levels for Global Water Resources Inc (GWRS)
According to the 24-hour chart, there is a support level at 10.04, which, if violated, would cause prices to drop to 9.90. In the upper region, resistance lies at 10.32. The next price resistance is at 10.46. RSI (Relative Strength Index) is 42.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.09, which suggests the price will decrease in the coming days. Percent R is at 40.74%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
