The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Wingstop Inc shares valued at $1,192,302 were sold by Upshaw Donnie on Aug 08 ’24. At $372.71 per share, Upshaw Donnie sold 3,199 shares. The insider’s holdings dropped to 97 shares worth approximately $32825.770000000004 following the completion of this transaction.
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
Also, Upshaw Donnie purchased 3,199 shares, netting a total of over 1,192,302 in proceeds.
Before that, Madati Kilandigalu had sold 645 shares from its account. In a trade valued at $255,249, the Director traded Wingstop Inc shares for $395.74 each. Upon closing the transaction, the insider’s holdings decreased to 645 shares, worth approximately $1.74 million.
As published in a research note from Goldman on November 08, 2024, Wingstop Inc [WING] has been rated up from a Neutral to a Buy and the price target has been revised to $377 from $458. Analysts at Northcoast upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early November. As of October 31, 2024, The Benchmark Company has increased its “Hold” rating to a “Buy” for WING. Earlier on October 31, 2024, BTIG Research upgraded its rating. Their new recommendation was “a Buy” for WING stock which previously was a “a Neutral”.
Analyzing WING Stock Performance
During the last five days, there has been a surge of approximately 2.35%. Over the course of the year, Wingstop Inc shares have jumped approximately 31.89%. Shares of the company reached a 52-week high of $433.86 on 09/24/24 and a 52-week low of $241.78 on 01/04/24. A 50-day SMA is recorded $372.46, while a 200-day SMA reached $373.13. Nevertheless, trading volume fell to 0.53 million shares from 0.4 million shares the previous day.
Support And Resistance Levels for Wingstop Inc (WING)
According to the 24-hour chart, there is a support level at 327.95, which, if violated, would cause prices to drop to 317.48. In the upper region, resistance lies at 343.75. The next price resistance is at 349.08. RSI (Relative Strength Index) is 47.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.44, which suggests the price will increase in the coming days. Percent R is at 19.59%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
