Yum Brands Inc.’s recent filing unveils that its Chief Executive Officer Gibbs David W unloaded Company’s shares for reported $0.94 million on Sep 16 ’24. In the deal valued at $134.43 per share,7,005 shares were sold. As a result of this transaction, Gibbs David W now holds 155,883 shares worth roughly $21.29 million.
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Then, Gibbs David W bought 7,005 shares, generating $941,682 in total proceeds.
Before that, GRADDICK WEIR MIRIAN M sold 1,309 shares. Yum Brands Inc. shares valued at $179,857 were divested by the Director at a price of $137.40 per share. As a result of the transaction, GRADDICK WEIR MIRIAN M now holds 1,233 shares, worth roughly $0.17 million.
Evercore ISI downgraded its Yum Brands Inc. [YUM] rating to an In-line from a an Outperform in a research note published on July 16, 2024; the price target was decreased to $145 from $160. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid June with a ‘”a Neutral”‘ rating. Argus also remained covering YUM and has decreased its forecast on April 10, 2024 with a “Hold” recommendation from previously “Buy” rating. Wells Fargo revised its rating on January 11, 2024. It rated YUM as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of YUM
On Friday, Yum Brands Inc. [NYSE:YUM] saw its stock fall -0.47% to $136.57. Over the last five days, the stock has lost -2.39%. Yum Brands Inc. shares have risen nearly 4.52% since the year began. Nevertheless, the stocks have risen 10.56% over the past one year. While a 52-week high of $143.20 was reached on 04/29/24, a 52-week low of $115.53 was recorded on 07/24/24. SMA at 50 days reached $134.96, while 200 days put it at $134.59.
Levels Of Support And Resistance For YUM Stock
The 24-hour chart illustrates a support level at 135.46, which if violated will result in even more drops to 134.35. On the upside, there is a resistance level at 137.75. A further resistance level may holdings at 138.93. The Relative Strength Index (RSI) on the 14-day chart is 53.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.48%. Stochastics %K at 70.95% indicates the stock is a holding.
How much short interest is there in Yum Brands Inc.?
A steep rise in short interest was recorded in Yum Brands Inc. stocks on 2024-09-13, dropping by -1.79 million shares to a total of 7.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 9.05 million shares. There was a decline of -24.58%, which implies that there is a negative sentiment for the stock.
