John Wiley & Sons Inc.’s recent filing unveils that its EVP & GM, Talent Zipper Todd unloaded Company’s shares for reported $0.12 million on Jan 09 ’24. In the deal valued at $31.12 per share,3,935 shares were sold. As a result of this transaction, Zipper Todd now holds 16,787 shares worth roughly $0.66 million.
Then, KISSNER MATTHEW S bought 16,550 shares, generating $502,028 in total proceeds. Upon buying the shares at $30.33, the Interim President and CEO now owns 25,705 shares.
Before that, Dobson David C bought 5,000 shares. John Wiley & Sons Inc. shares valued at $149,600 were divested by the Director at a price of $29.92 per share. As a result of the transaction, Dobson David C now holds 13,033 shares, worth roughly $0.52 million.
CJS Securities upgraded its John Wiley & Sons Inc. [WLY] rating to a Market outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including CJS Securities’s analysts, who decreased its forecast for the stock in late August from “a Market outperform” to “a Market perform”.
Price Performance Review of WLY
On Tuesday, John Wiley & Sons Inc. [NYSE:WLY] saw its stock jump 3.34% to $39.60. Over the last five days, the stock has gained 3.12%. John Wiley & Sons Inc. shares have risen nearly 24.76% since the year began. Nevertheless, the stocks have risen 4.38% over the past one year. While a 52-week high of $40.23 was reached on 04/09/24, a 52-week low of $28.83 was recorded on 01/05/24. SMA at 50 days reached $35.47, while 200 days put it at $33.79. A total of 0.47 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For WLY Stock
The 24-hour chart illustrates a support level at 38.78, which if violated will result in even more drops to 37.96. On the upside, there is a resistance level at 40.13. A further resistance level may holdings at 40.66. The Relative Strength Index (RSI) on the 14-day chart is 73.46, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.45%. Stochastics %K at 82.94% indicates the stock is a selling.
How much short interest is there in John Wiley & Sons Inc.?
A steep rise in short interest was recorded in John Wiley & Sons Inc. stocks on Mar 28, 2024, growing by 5290.0 shares to a total of 0.71 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 0.71 million shares. There was a rise of 0.74%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.02% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.57.
