Webster Financial Corp’s recently made public that its Officer BLEY DANIEL acquired Company’s shares for reported $86104.0 on Apr 29 ’25. In the deal valued at $47.84 per share,1,800 shares were bought.
Then, CIULLA JOHN R sold 8,000 shares, generating $459,446 in total proceeds. Upon selling the shares at $57.43, the Chairman and CEO now owns 210,051 shares.
Before that, John R. Ciulla bought 8,000 shares. Webster Financial Corp shares valued at $469,360 were divested by the Affiliate at a price of $58.67 per share.
Wells Fargo upgraded its Webster Financial Corp [WBS] rating to an Overweight from a an Equal weight in a research note published on January 06, 2025; the price target was increased to $75 from $70. Morgan Stanley also remained covering WBS and has decreased its forecast on August 05, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Barclays started covering the stock on March 08, 2024. It rated WBS as “an Overweight”.
Price Performance Review of WBS
On Tuesday, Webster Financial Corp [NYSE:WBS] saw its stock jump 0.13% to $47.70. Over the last five days, the stock has gained 3.34%. Webster Financial Corp shares have fallen nearly -13.62% since the year began. Nevertheless, the stocks have risen 4.88% over the past one year. While a 52-week high of $63.99 was reached on 02/07/25, a 52-week low of $39.33 was recorded on 04/04/25. SMA at 50 days reached $49.93, while 200 days put it at $51.73.
Levels Of Support And Resistance For WBS Stock
The 24-hour chart illustrates a support level at 47.01, which if violated will result in even more drops to 46.32. On the upside, there is a resistance level at 48.21. A further resistance level may holdings at 48.72. The Relative Strength Index (RSI) on the 14-day chart is 51.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.11, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.95%. Stochastics %K at 82.24% indicates the stock is a selling.
How much short interest is there in Webster Financial Corp?
A steep rise in short interest was recorded in Webster Financial Corp stocks on 2025-03-31, dropping by -0.22 million shares to a total of 3.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.75 million shares. There was a decline of -6.27%, which implies that there is a negative sentiment for the stock.
