In a filing, Wynn Resorts Ltd. revealed 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 $7.6 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 $29.94 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 Tuesday, Wynn Resorts Ltd. [NASDAQ:WYNN] saw its stock fall -0.65% to $97.23. Over the last five days, the stock has gained 6.09%. Wynn Resorts Ltd. shares have risen nearly 6.72% since the year began. Nevertheless, the stocks have fallen -12.23% over the past one year. While a 52-week high of $113.50 was reached on 04/04/24, a 52-week low of $81.65 was recorded on 01/17/24. SMA at 50 days reached $100.39, while 200 days put it at $95.83. A total of 2.85 million shares were traded, compared to the trading of 1.91 million shares in the previous session.
Levels Of Support And Resistance For WYNN Stock
The 24-hour chart illustrates a support level at 96.25, which if violated will result in even more drops to 95.27. On the upside, there is a resistance level at 98.26. A further resistance level may holdings at 99.30. The Relative Strength Index (RSI) on the 14-day chart is 47.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.68%. Stochastics %K at 69.99% indicates the stock is a holding.
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.
