Wynn Resorts Ltd.’s recently made public that its Director Mulroy Patricia unloaded Company’s shares for reported $0.21 million on Sep 16 ’24. In the deal valued at $78.73 per share,2,650 shares were sold. As a result of this transaction, Mulroy Patricia now holds 5,689 shares worth roughly $0.57 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, MULROY FAMILY TRUST bought 2,650 shares, generating $208,634 in total proceeds.
Before that, Myers Margaret Jane sold 2,000 shares. Wynn Resorts Ltd. shares valued at $196,100 were divested by the Director at a price of $98.05 per share. As a result of the transaction, Myers Margaret Jane now holds 17,797 shares, worth roughly $1.77 million.
Morgan Stanley upgraded its Wynn Resorts Ltd. [WYNN] rating to an Overweight from a an Equal-weight in a research note published on September 27, 2024; the price target was increased to $104 from $97. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in late May from “a Neutral” to “a Buy”. Argus also remained covering WYNN and has increased its forecast on May 23, 2024 with a “Buy” recommendation from previously “Hold” rating. Seaport Research Partners started covering the stock on April 15, 2024. It rated WYNN as “a Neutral”.
Price Performance Review of WYNN
On Tuesday, Wynn Resorts Ltd. [NASDAQ:WYNN] saw its stock jump 3.72% to $99.45. Over the last five days, the stock has gained 18.17%. Wynn Resorts Ltd. shares have risen nearly 9.15% since the year began. Nevertheless, the stocks have risen 7.62% over the past one year. While a 52-week high of $110.38 was reached on 04/04/24, a 52-week low of $71.63 was recorded on 08/05/24. SMA at 50 days reached $79.33, while 200 days put it at $91.70.
Levels Of Support And Resistance For WYNN Stock
The 24-hour chart illustrates a support level at 97.06, which if violated will result in even more drops to 94.68. On the upside, there is a resistance level at 100.80. A further resistance level may holdings at 102.15. The Relative Strength Index (RSI) on the 14-day chart is 81.90, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 13.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.27%. Stochastics %K at 96.07% indicates the stock is a selling.
How much short interest is there in Wynn Resorts Ltd.?
A steep rise in short interest was recorded in Wynn Resorts Ltd. stocks on 2024-09-13, growing by 0.67 million shares to a total of 5.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 4.36 million shares. There was a rise of 13.29%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 04, 2024 when Mizuho began covering the stock and recommended ‘”a Buy”‘ rating along with a $131 price target.
