Wyndham Hotels & Resorts Inc’s recently made public that its Officer Ballotti Geoffrey A acquired Company’s shares for reported $6.79 million on Dec 16 ’24. In the deal valued at $103.75 per share,65,484 shares were bought.
Then, ALLEN MICHELE sold 16,371 shares, generating $1,650,905 in total proceeds. Upon selling the shares at $100.84, the CFO & Head of Strategy now owns 10,056 shares.
Before that, ALLEN MICHELE bought 16,371 shares. Wyndham Hotels & Resorts Inc shares valued at $1,650,000 were divested by the Officer at a price of $100.79 per share.
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 jump 1.45% to $104.83. Over the last five days, the stock has gained 3.61%. Wyndham Hotels & Resorts Inc shares have risen nearly 30.37% since the year began. Nevertheless, the stocks have risen 34.05% over the past one year. While a 52-week high of $105.12 was reached on 12/16/24, a 52-week low of $67.67 was recorded on 05/29/24. SMA at 50 days reached $92.34, while 200 days put it at $78.94.
Levels Of Support And Resistance For WH Stock
The 24-hour chart illustrates a support level at 103.09, which if violated will result in even more drops to 101.34. On the upside, there is a resistance level at 105.87. A further resistance level may holdings at 106.90. The Relative Strength Index (RSI) on the 14-day chart is 76.89, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.12%. Stochastics %K at 87.04% 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 2024-11-29, dropping by -1.31 million shares to a total of 2.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.47 million shares. There was a decline of -60.96%, 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.
