Wingstop Inc’s filing revealed that its SVP Corp Restaurants & CPO Upshaw Donnie unloaded Company’s shares for reported $1.19 million on Aug 08 ’24. In the deal valued at $372.71 per share,3,199 shares were sold. As a result of this transaction, Upshaw Donnie now holds 97 shares worth roughly $28826.46.
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, Upshaw Donnie bought 3,199 shares, generating $1,192,302 in total proceeds.
Before that, Madati Kilandigalu sold 645 shares. Wingstop Inc shares valued at $255,249 were divested by the Director at a price of $395.74 per share. As a result of the transaction, Madati Kilandigalu now holds 5,147 shares, worth roughly $1.53 million.
Northcoast upgraded its Wingstop Inc [WING] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. BTIG Research also remained covering WING and has increased its forecast on October 31, 2024 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on August 01, 2024. It rated WING as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of WING
On Monday, Wingstop Inc [NASDAQ:WING] saw its stock jump 0.08% to $297.18. Over the last five days, the stock has lost -19.37%. Wingstop Inc shares have risen nearly 15.82% since the year began. Nevertheless, the stocks have risen 49.55% over the past one year. While a 52-week high of $433.86 was reached on 09/24/24, a 52-week low of $196.54 was recorded on 01/04/24. SMA at 50 days reached $386.32, while 200 days put it at $370.03.
Levels Of Support And Resistance For WING Stock
The 24-hour chart illustrates a support level at 292.45, which if violated will result in even more drops to 287.71. On the upside, there is a resistance level at 301.59. A further resistance level may holdings at 305.99. The Relative Strength Index (RSI) on the 14-day chart is 23.35, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -52.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.90%. Stochastics %K at 5.93% indicates the stock is a buying.
How much short interest is there in Wingstop Inc?
A steep rise in short interest was recorded in Wingstop Inc stocks on 2024-10-15, dropping by 38839.0 shares to a total of 1.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.42 million shares. There was a decline of -2.82%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 01, 2024 when Truist resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $393.
