In a filing, Yum Brands Inc revealed its Chief Executive Officer Gibbs David W unloaded Company’s shares for reported $0.45 million on Dec 16 ’24. In the deal valued at $137.06 per share,3,255 shares were sold. As a result of this transaction, Gibbs David W now holds 146,130 shares worth roughly $19.5 million.
Then, Gibbs David W sold 3,815 shares, generating $522,884 in total proceeds. Upon selling the shares at $137.06, the Chief Executive Officer now owns 149,385 shares.
Before that, Gibbs David W bought 7,070 shares. Yum Brands Inc shares valued at $969,014 were divested by the Officer at a price of $137.06 per share.
Argus upgraded its Yum Brands Inc [YUM] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in mid October from “a Buy” to “a Hold”. Evercore ISI also remained covering YUM and has decreased its forecast on July 16, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Goldman started covering the stock on June 13, 2024. It rated YUM as “a Neutral”.
Price Performance Review of YUM
On Friday, Yum Brands Inc [NYSE:YUM] saw its stock fall -0.09% to $133.44. Over the last five days, the stock has lost -1.88%. Yum Brands Inc shares have fallen nearly -0.54% since the year began. Nevertheless, the stocks have risen 3.36% over the past one year. While a 52-week high of $143.20 was reached on 01/02/25, a 52-week low of $124.76 was recorded on 01/03/25. SMA at 50 days reached $135.24, while 200 days put it at $135.29.
Levels Of Support And Resistance For YUM Stock
The 24-hour chart illustrates a support level at 132.54, which if violated will result in even more drops to 131.64. On the upside, there is a resistance level at 134.17. A further resistance level may holdings at 134.90. The Relative Strength Index (RSI) on the 14-day chart is 44.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.78%. Stochastics %K at 39.30% 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 2024-12-13, growing by 42235.0 shares to a total of 6.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.11 million shares. There was a rise of 0.69%, which implies that there is a positive sentiment for the stock.
