Waters Corp’s recently made public that its Director FEARON RICHARD H acquired Company’s shares for reported $0.33 million on May 28 ’24. In the deal valued at $332.90 per share,1,000 shares were bought. As a result of this transaction, FEARON RICHARD H now holds 1,653 shares worth roughly $0.56 million.
Then, KUEBLER CHRISTOPHER A sold 4,000 shares, generating $1,446,560 in total proceeds. Upon selling the shares at $361.64, the Director now owns 14,716 shares.
KeyBanc Capital Markets upgraded its Waters Corp [WAT] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “an Outperform”. Scotiabank also remained covering WAT and has increased its forecast on February 13, 2025 with a “Sector outperform” recommendation from previously “Sector perform” rating. Barclays revised its rating on February 10, 2025. It rated WAT as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of WAT
On Tuesday, Waters Corp [NYSE:WAT] saw its stock fall -2.69% to $339.02. Over the last five days, the stock has lost -0.53%. Waters Corp shares have fallen nearly -8.62% since the year began. Nevertheless, the stocks have risen 7.43% over the past one year. While a 52-week high of $423.56 was reached on 01/30/25, a 52-week low of $279.24 was recorded on 04/09/25. SMA at 50 days reached $354.73, while 200 days put it at $359.99.
Levels Of Support And Resistance For WAT Stock
The 24-hour chart illustrates a support level at 329.92, which if violated will result in even more drops to 320.81. On the upside, there is a resistance level at 347.00. A further resistance level may holdings at 354.97. The Relative Strength Index (RSI) on the 14-day chart is 47.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 42.56%. Stochastics %K at 72.75% indicates the stock is a holding.
