Wyndham Hotels & Resorts Inc’s filing revealed that its Chief Commercial Officer Strickland Scott R. unloaded Company’s shares for reported $0.25 million on Nov 05 ’24. In the deal valued at $88.14 per share,2,850 shares were sold. As a result of this transaction, Strickland Scott R. now holds 26,062 shares worth roughly $2.64 million.
Then, Strickland Scott R. bought 2,850 shares, generating $251,046 in total proceeds.
Before that, Rossi Nicola sold 25,328 shares. Wyndham Hotels & Resorts Inc shares valued at $2,306,071 were divested by the Chief Accounting Officer at a price of $91.05 per share. As a result of the transaction, Rossi Nicola now holds 304 shares, worth roughly $30758.72.
Wells Fargo initiated its Wyndham Hotels & Resorts Inc [WH] rating to an Equal weight in a research note published on December 05, 2024; the price target was $103. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. Susquehanna began covering WH with “Neutral” recommendation on June 21, 2024. HSBC Securities started covering the stock on October 23, 2023. It rated WH as “a Buy”.
Price Performance Review of WH
On Monday, Wyndham Hotels & Resorts Inc [NYSE:WH] saw its stock fall -0.70% to $101.18. Over the last five days, the stock has gained 3.26%. Wyndham Hotels & Resorts Inc shares have risen nearly 25.83% since the year began. Nevertheless, the stocks have risen 28.96% over the past one year. While a 52-week high of $103.17 was reached on 12/06/24, a 52-week low of $67.67 was recorded on 05/29/24. SMA at 50 days reached $89.82, while 200 days put it at $78.28.
Levels Of Support And Resistance For WH Stock
The 24-hour chart illustrates a support level at 100.52, which if violated will result in even more drops to 99.85. On the upside, there is a resistance level at 102.07. A further resistance level may holdings at 102.96. The Relative Strength Index (RSI) on the 14-day chart is 72.51, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.39, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.44%. Stochastics %K at 86.82% indicates the stock is a selling.
How much short interest is there in Wyndham Hotels & Resorts Inc?
A steep rise in short interest was recorded in Wyndham Hotels & Resorts Inc stocks on 2024-11-15, dropping by -1.37 million shares to a total of 2.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.75 million shares. There was a decline of -57.39%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 05, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $79 price target.
