Weatherford International plc’s recently made public that its Director GOLDMAN NEAL P acquired Company’s shares for reported $0.5 million on Apr 24 ’25. In the deal valued at $42.04 per share,12,000 shares were bought. As a result of this transaction, GOLDMAN NEAL P now holds 25,311 shares worth roughly $1.27 million.
Then, Sandhu Depinder sold 14,000 shares, generating $929,740 in total proceeds. Upon selling the shares at $66.41, the EVP, Global Product Lines now owns 8,892 shares.
Before that, Mitra Arunava sold 10,000 shares. Weatherford International plc shares valued at $675,712 were divested by the EVP and CFO at a price of $67.57 per share. As a result of the transaction, Mitra Arunava now holds 21,072 shares, worth roughly $1.06 million.
Raymond James downgraded its Weatherford International plc [WFRD] rating to an Outperform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. Goldman also remained covering WFRD and has decreased its forecast on December 13, 2024 with a “Neutral” recommendation from previously “Buy” rating. Citigroup started covering the stock on May 14, 2024. It rated WFRD as “a Buy”.
Price Performance Review of WFRD
On Monday, Weatherford International plc [NASDAQ:WFRD] saw its stock jump 0.46% to $50.31. Over the last five days, the stock has gained 6.91%. Weatherford International plc shares have fallen nearly -57.96% since the year began. Nevertheless, the stocks have fallen -29.76% over the past one year. While a 52-week high of $135.00 was reached on 01/07/25, a 52-week low of $36.74 was recorded on 04/07/25.
Levels Of Support And Resistance For WFRD Stock
The 24-hour chart illustrates a support level at 49.60, which if violated will result in even more drops to 48.88. On the upside, there is a resistance level at 50.88. A further resistance level may holdings at 51.45.
How much short interest is there in Weatherford International plc?
A steep rise in short interest was recorded in Weatherford International plc stocks on 2025-06-13, dropping by -0.11 million shares to a total of 3.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.24 million shares. There was a decline of -3.66%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 28, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $135 price target.
