Western Alliance Bancorp’s filing revealed that its Director Segedi Bryan K unloaded Company’s shares for reported $94360.0 on Nov 13 ’24. In the deal valued at $94.36 per share,1,000 shares were sold. As a result of this transaction, Segedi Bryan K now holds 16,675 shares worth roughly $1.33 million.
Then, Segedi Bryan K bought 1,000 shares, generating $94,583 in total proceeds.
Before that, LATTA ROBERT P sold 2,955 shares. Western Alliance Bancorp shares valued at $239,710 were divested by the Director at a price of $81.12 per share. As a result of the transaction, LATTA ROBERT P now holds 38,621 shares, worth roughly $3.08 million.
Truist initiated its Western Alliance Bancorp [WAL] rating to a Buy in a research note published on May 13, 2025; the price target was $92. Deutsche Bank also remained covering WAL and has increased its forecast on October 07, 2024 with a “Buy” recommendation from previously “Hold” rating.
Price Performance Review of WAL
On Tuesday, Western Alliance Bancorp [NYSE:WAL] saw its stock jump 0.59% to $79.67. Over the last five days, the stock has gained 12.01%. Western Alliance Bancorp shares have fallen nearly -4.63% since the year began. Nevertheless, the stocks have risen 25.07% over the past one year. While a 52-week high of $98.10 was reached on 01/28/25, a 52-week low of $56.70 was recorded on 04/04/25. SMA at 50 days reached $72.49, while 200 days put it at $82.10.
Levels Of Support And Resistance For WAL Stock
The 24-hour chart illustrates a support level at 78.81, which if violated will result in even more drops to 77.96. On the upside, there is a resistance level at 80.47. A further resistance level may holdings at 81.28. The Relative Strength Index (RSI) on the 14-day chart is 66.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.09%. Stochastics %K at 89.03% indicates the stock is a selling.
The most recent change occurred on March 08, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $91 price target.
