Investing in WW International Inc. [WW]: What You Must Know

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In a filing, WW International Inc. revealed its Interim Principal Fin. Officer Stark Heather acquired Company’s shares for reported $38500.0 on Dec 02. In the deal valued at $3.85 per share,10,000 shares were bought. As a result of this transaction, Stark Heather now holds 13,302 shares worth roughly $ 50148.54.


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Then, Sistani Sima bought 63,935 shares, generating $249,999 in total proceeds. Upon buying the shares at $3.91, the Chief Executive Officer now owns 63,935 shares.

Before that, SOBECKI CHRISTOPHER J bought 30,000 shares. WW International Inc. shares valued at $125,124 were divested by the Director at a price of $4.17 per share. As a result of the transaction, SOBECKI CHRISTOPHER J now holds 101,481 shares, worth roughly $0.38 million.

KeyBanc Capital Markets downgraded its WW International Inc. [WW] rating to an Underweight from a a Sector weight in a research note published on Friday. PT values the company’s stock at a premium of 62.3 to its Friday closing price. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Hold”. Jefferies also remained covering WW and has decreased its forecast on August 11, 2021 with a “Hold” recommendation from previously “Buy” rating. Morgan Stanley revised its rating on April 08, 2021. It rated WW as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of WW

On Friday, WW International Inc. [NASDAQ:WW] saw its stock fall -5.04% to $3.77. On the same session, the stock had its day’s lowest price of $3.74, but rose to a high of $3.90. Over the last five days, the stock has lost -12.93%. WW International Inc. shares have fallen nearly -2.33% since the year began. Nevertheless, the stocks have fallen -63.92% over the past one year. While a 52-week high of $11.03 was reached on 02/02/23, a 52-week low of $3.28 was recorded on 02/24/23. SMA at 50 days reached $4.23, while 200 days put it at $5.30. A total of 1.0 million shares were traded, compared to the trading of 1.06 million shares in the previous session.

Levels Of Support And Resistance For WW Stock

The 24-hour chart illustrates a support level at 3.71, which if violated will result in even more drops to 3.64. On the upside, there is a resistance level at 3.87. A further resistance level may holdings at 3.96. The Relative Strength Index (RSI) on the 14-day chart is 37.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.10%. Stochastics %K at 7.44% indicates the stock is a buying.

How much short interest is there in WW International Inc.?

A steep rise in short interest was recorded in WW International Inc. stocks on Jan 12, 2023, dropping by 80000.0 shares to a total of 5.91 million shares. Yahoo Finance data shows the prior-month short interest on Dec 14, 2022 was 5.99 million shares. There was a decline of -1.35%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 11.08% of the overall stock float, the days-to-cover ratio (short ratio) fell to 4.12.

WW International Inc. [WW] – Who Are The Largest Shareholders?

In filings from Invus Public Equities Advisors LL, it is revealed that the company now owns 14,818,300 shares, or roughly 21.01% of the outstanding WW shares. Additionally, BlackRock Fund Advisors increased 1.00% of its stake after which the total value it holdings stand at $40,864,443, while The Vanguard Group, Inc. reduced -27.49% of its stake to hold $26.33 million in the firm. Over the last quarter, Federated MDTA LLC sold -67,512 shares of WW International Inc., while Renaissance Technologies LLC sold 642,700 shares. At present, SSgA Funds Management, Inc. is holding 2,141,180 shares valued at $10.64 million. D. E. Shaw & Co. LP owned 1,657,470 shares of the company at the time of its most recent 13F filing, worth $8.24 million.

According to FactSet, WW International Inc.’s share price will average $4.53 in the next year, based on opinions of analysts polled by the firm. This is up nearly 5.79 percent from its previous closing price of $3.97. Analysts expect WW International Inc. stock to reach the higher price of $6.00, while the lowest price estimate is $3.00. However, 8 analysts have rated WW stock as an Overweight in their predictions for 2023. The most recent change occurred on December 15, 2020 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $36 price target.

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