A company insider recently sold 5,171 shares of Winnebago Industries Inc. [WGO]. Should You also Consider to Sale?

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In a filing, Winnebago Industries Inc. revealed its PRESIDENT – GRAND DESIGN Clark Donald Jeff unloaded Company’s shares for reported $0.34 million on Jul 19. In the deal valued at $66.64 per share,5,171 shares were sold. As a result of this transaction, Clark Donald Jeff now holds 463,826 shares worth roughly $ 30.97 million.

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Then, Clark Donald Jeff sold 294,829 shares, generating $20,015,941 in total proceeds. Upon selling the shares at $67.89, the PRESIDENT – GRAND DESIGN now owns 468,997 shares.

Before that, West Christopher David sold 7,210 shares. Winnebago Industries Inc. shares valued at $408,158 were divested by the SVP-OPERATIONS at a price of $56.61 per share. As a result of the transaction, West Christopher David now holds 25,383 shares, worth roughly $1.69 million.

KeyBanc Capital Markets initiated its Winnebago Industries Inc. [WGO] rating to a Sector weight in a research note published on Friday.

Price Performance Review of WGO

On Friday, Winnebago Industries Inc. [NYSE:WGO] saw its stock jump 2.95% to $66.76. On the same session, the stock had its day’s lowest price of $65.45, but rose to a high of $67.095. Over the last five days, the stock has gained 4.89%. Winnebago Industries Inc. shares have risen nearly 26.68% since the year began. Nevertheless, the stocks have risen 15.94% over the past one year. While a 52-week high of $70.53 was reached on 02/02/23, a 52-week low of $50.82 was recorded on 01/03/23. SMA at 50 days reached $66.19, while 200 days put it at $61.02. A total of 0.24 million shares were traded, compared to the trading of 0.16 million shares in the previous session.

Levels Of Support And Resistance For WGO Stock

The 24-hour chart illustrates a support level at 65.78, which if violated will result in even more drops to 64.79. On the upside, there is a resistance level at 67.42. A further resistance level may holdings at 68.08. The Relative Strength Index (RSI) on the 14-day chart is 56.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.76%. Stochastics %K at 71.62% indicates the stock is a holding.

How much short interest is there in Winnebago Industries Inc.?

A steep rise in short interest was recorded in Winnebago Industries Inc. stocks on Aug 14, 2023, dropping by -0.15 million shares to a total of 6.23 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 6.38 million shares. There was a decline of -2.41%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 26.15% of the overall stock float, the days-to-cover ratio (short ratio) fell to 16.59.

Winnebago Industries Inc. [WGO] – Who Are The Largest Shareholders?

In filings from BlackRock Fund Advisors, it is revealed that the company now owns 4,562,364 shares, or roughly 15.10% of the outstanding WGO shares. In other words, the investor’s shares have fallen by -147,286 from its previous 13-F filing of 4709650.0. Additionally, The Vanguard Group, Inc. decreased -1.35% of its stake after which the total value it holdings stand at $159,265,189, while Cooke & Bieler LP reduced -0.28% of its stake to hold $155.19 million in the firm. Over the last quarter, Dimensional Fund Advisors LP sold -60,018 shares of Winnebago Industries Inc., while Fisher Asset Management LLC sold -10,041 shares. At present, Goldman Sachs & Co. LLC is holding 1,560,061 shares valued at $107.33 million. LSV Asset Management owned 1,320,127 shares of the company at the time of its most recent 13F filing, worth $90.82 million.

According to FactSet, Winnebago Industries Inc.’s share price will average $69.13 in the next year, based on opinions of analysts polled by the firm. This is up nearly 8.71 percent from its previous closing price of $64.85. Analysts expect Winnebago Industries Inc. stock to reach the higher price of $85.00, while the lowest price estimate is $55.00. However, 13 analysts have rated WGO stock as an Overweight in their predictions for 2023.

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