Wynn Resorts Ltd.’s recently made public that its CFO CAMERON-DOE JULIE unloaded Company’s shares for reported $0.67 million on Feb 09 ’24. In the deal valued at $105.27 per share,6,383 shares were sold. As a result of this transaction, CAMERON-DOE JULIE now holds 78,150 shares worth roughly $7.49 million.
Then, Mulroy Patricia sold 960 shares, generating $100,963 in total proceeds. Upon selling the shares at $105.17, the Director now owns 522 shares.
Before that, Billings Craig Scott sold 19,235 shares. Wynn Resorts Ltd. shares valued at $2,077,380 were divested by the CEO at a price of $108.00 per share. As a result of the transaction, Billings Craig Scott now holds 307,904 shares, worth roughly $29.52 million.
Seaport Research Partners initiated its Wynn Resorts Ltd. [WYNN] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Macquarie also remained covering WYNN and has increased its forecast on January 17, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Susquehanna started covering the stock on December 15, 2023. It rated WYNN as “a Positive”.
Price Performance Review of WYNN
On Friday, Wynn Resorts Ltd. [NASDAQ:WYNN] saw its stock fall -0.75% to $95.88. Over the last five days, the stock has gained 0.94%. Wynn Resorts Ltd. shares have risen nearly 5.24% since the year began. Nevertheless, the stocks have fallen -12.40% over the past one year. While a 52-week high of $117.86 was reached on 04/04/24, a 52-week low of $81.65 was recorded on 01/17/24. SMA at 50 days reached $101.55, while 200 days put it at $96.27. A total of 1.38 million shares were traded, compared to the trading of 30549.0 shares in the previous session.
Levels Of Support And Resistance For WYNN Stock
The 24-hour chart illustrates a support level at 95.12, which if violated will result in even more drops to 94.36. On the upside, there is a resistance level at 96.77. A further resistance level may holdings at 97.65. The Relative Strength Index (RSI) on the 14-day chart is 37.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.27%. Stochastics %K at 12.79% indicates the stock is a buying.
The most recent change occurred on October 23, 2023 when HSBC Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $111 price target.
