Stocks of Walgreens Boots Alliance Inc (NASDAQ:WBA) traded higher last session on Wall Street, up 0.18% to $11.25.
WBA stock price is now 1.73% away from the 50-day moving average and 10.84% away from the 200-day moving average. The market capitalization of the company currently stands at $9.73B.
With the price target reduced from $11 to $9, Deutsche Bank Downgraded its rating from Hold to Sell for Walgreens Boots Alliance Inc (NASDAQ: WBA). On February 26, 2024, Leerink Partners recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $23, while ‘HSBC Securities’ rates the stock as ‘Reduce’
In other news, Pessina Stefano, Executive Chairman of Board bought 832,258 shares of the company’s stock on Apr 27 ’25. The stock was bought for $9,163,161 at an average price of $11.01. Upon completion of the transaction, the Executive Chairman of Board now directly owns 145,621,079 shares in the company, valued at $1.64 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 27 ’25, Executive Chairman of Board Pessina Stefano sold 832,258 shares of the business’s stock. A total of $9,163,161 was realized by selling the stock at an average price of $11.01. This leaves the insider owning 657,308 shares of the company worth $7.39 million. A total of 17.66% of the company’s stock is owned by insiders.
During the past 12 months, Walgreens Boots Alliance Inc has had a low of $8.08 and a high of $16.25. As of last week, the company has a debt-to-equity ratio of 4.38, a current ratio of 0.61, and a quick ratio of 0.32. The fifty day moving average price for WBA is $11.0584 and a two-hundred day moving average price translates $10.1502 for the stock.
The latest earnings results from Walgreens Boots Alliance Inc (NASDAQ: WBA) was released for 2025-02-28. The net profit margin was -3.80% and return on equity was -56.13% for WBA.
