Walgreens Boots Alliance (NASDAQ:WBA) has climbed 0.22% in the past week and advanced 7.03% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.42% and the outperformance has advanced to 6.06% for the last 4 weeks period.
Walgreens Boots Alliance (NASDAQ:WBA): The stock opened at $83.52 on Friday but the bulls could not build on the opening and the stock topped out at $83.56 for the day. The stock traded down to $81.79 during the day, due to lack of any buying support eventually closed down at $82.65 with a loss of -0.60% for the day. The stock had closed at $83.15 on the previous day. The total traded volume was 5,993,346 shares.
The company shares have dropped -6.63% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $97.30 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $79.57 and the 200 Day Moving Average price is recorded at $80.80.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Wilson-Thompson Kathleen, officer (EVP and Global Chief HRO) of Walgreens Boots Alliance, Inc., had unloaded 29,603 shares at an average price of $83.13 in a transaction dated on June 10, 2016. The total value of the transaction was worth $2,460,897.
Many analysts have stated their opinion on the company shares. In a research note released to the investors, Bank of America reinstates its rating on Walgreens Boots Alliance (NASDAQ:WBA).The analysts at the brokerage house have a current rating of Buy on the shares. The rating by the firm was issued on June 7, 2016. Currently the company Insiders own 21.1% of Walgreens Boots Alliance shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.7% . Institutional Investors own 59.54% of Walgreens Boots Alliance shares. During last six month period, the net percent change held by insiders has seen a change of 15.61%.
Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led health and wellbeing enterprise. It operates through three segments: Retail Pharmacy USA, which consists of the Walgreens business, including the operation of retail drugstores and convenient care clinics, in addition to providing specialty pharmacy services; Retail Pharmacy International, which consists of the Alliance Boots pharmacy-led health and beauty stores, optical practices and related contract manufacturing operations, and Pharmaceutical Wholesale, which consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as global health and beauty product brands, including No7, Botanics, and Soap & Glory. Walgreens Boots Alliance, through its subsidiary, Liz Earle Beauty Co. Ltd, offers the Liz Earle skincare brand.