Walgreens Boots Alliance Inc’s recently made public that its Executive Chairman of Board Pessina Stefano acquired Company’s shares for reported $9.16 million on Apr 27 ’25. In the deal valued at $11.01 per share,832,258 shares were bought. As a result of this transaction, Pessina Stefano now holds 145,621,079 shares worth roughly $1.63 billion.
Then, Pessina Stefano sold 832,258 shares, generating $9,163,161 in total proceeds. Upon selling the shares at $11.01, the Executive Chairman of Board now owns 657,308 shares.
Before that, Walgreens Boots Alliance, Inc. sold 12,000,000 shares. Walgreens Boots Alliance Inc shares valued at $253,920,000 were divested by the Former 10% owner at a price of $21.16 per share. As a result of the transaction, Walgreens Boots Alliance, Inc. now holds 11,239,996 shares, worth roughly $126.11 million.
Deutsche Bank downgraded its Walgreens Boots Alliance Inc [WBA] rating to a Sell from a a Hold in a research note published on February 28, 2025; the price target was decreased to $9 from $11. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late February with a ‘”a Market perform”‘ rating. HSBC Securities also remained covering WBA and has decreased its forecast on February 20, 2024 with a “Reduce” recommendation from previously “Hold” rating. Barclays started covering the stock on January 03, 2024. It rated WBA as “an Underweight”.
Price Performance Review of WBA
On Friday, Walgreens Boots Alliance Inc [NASDAQ:WBA] saw its stock jump 0.54% to $11.22. Over the last five days, the stock has gained 2.19%. Walgreens Boots Alliance Inc shares have risen nearly 20.26% since the year began. Nevertheless, the stocks have fallen -35.33% over the past one year. While a 52-week high of $18.83 was reached on 01/17/25, a 52-week low of $8.08 was recorded on 01/02/25. SMA at 50 days reached $10.99, while 200 days put it at $10.14.
Levels Of Support And Resistance For WBA Stock
The 24-hour chart illustrates a support level at 11.16, which if violated will result in even more drops to 11.09. On the upside, there is a resistance level at 11.27. A further resistance level may holdings at 11.31. The Relative Strength Index (RSI) on the 14-day chart is 62.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.33%. Stochastics %K at 92.02% indicates the stock is a selling.
The most recent change occurred on December 22, 2023 when HSBC Securities began covering the stock and recommended ‘”a Hold”‘ rating along with a $27 price target.
