In a filing, Wingstop Inc revealed its Director Lavelle Kate S unloaded Company’s shares for reported $0.3 million on May 09 ’24. In the deal valued at $394.57 per share,750 shares were sold. As a result of this transaction, Lavelle Kate S now holds 3,567 shares worth roughly $1.36 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, McGrath Albert G sold 4,230 shares, generating $1,676,782 in total proceeds. Upon selling the shares at $396.40, the SVP General Counsel, Secretary now owns 8,170 shares.
Before that, Carona Marisa sold 2,586 shares. Wingstop Inc shares valued at $961,882 were divested by the SVP & Chief US Franchise Ops at a price of $371.96 per share. As a result of the transaction, Carona Marisa now holds 1,646 shares, worth roughly $0.63 million.
A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in mid February with a ‘”an Outperform”‘ rating. The Benchmark Company also remained covering WING and has decreased its forecast on December 11, 2023 with a “Hold” recommendation from previously “Buy” rating. Northcoast revised its rating on November 20, 2023. It rated WING as “a Neutral” which previously was an “a Buy”.
Price Performance Review of WING
On Tuesday, Wingstop Inc [NASDAQ:WING] saw its stock fall -0.65% to $380.34. Over the last five days, the stock has lost -1.78%. Wingstop Inc shares have risen nearly 48.23% since the year began. Nevertheless, the stocks have risen 83.97% over the past one year. While a 52-week high of $400.99 was reached on 05/10/24, a 52-week low of $150.08 was recorded on 01/04/24. SMA at 50 days reached $368.28, while 200 days put it at $264.52. A total of 0.39 million shares were traded, compared to the trading of 0.28 million shares in the previous session.
Levels Of Support And Resistance For WING Stock
The 24-hour chart illustrates a support level at 378.69, which if violated will result in even more drops to 377.04. On the upside, there is a resistance level at 383.32. A further resistance level may holdings at 386.30. The Relative Strength Index (RSI) on the 14-day chart is 50.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.91%. Stochastics %K at 45.76% indicates the stock is a holding.
The most recent change occurred on October 05, 2023 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $218 price target.
