Wyndham Hotels & Resorts Inc’s recent filing unveils that its President and CEO Ballotti Geoffrey A unloaded Company’s shares for reported $2.6 million on Dec 16 ’24. In the deal valued at $103.66 per share,25,053 shares were sold. As a result of this transaction, Ballotti Geoffrey A now holds 385,214 shares worth roughly $38.83 million.
Then, Ballotti Geoffrey A sold 25,017 shares, generating $2,588,097 in total proceeds. Upon selling the shares at $103.45, the President and CEO now owns 392,939 shares.
Before that, ALLEN MICHELE sold 16,371 shares. Wyndham Hotels & Resorts Inc shares valued at $1,695,742 were divested by the CFO & Head of Strategy at a price of $103.58 per share. As a result of the transaction, ALLEN MICHELE now holds 10,056 shares, worth roughly $1.01 million.
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 -0.10% to $100.79. Over the last five days, the stock has lost -0.89%. Nevertheless, the stocks have risen 26.60% over the past one year. While a 52-week high of $105.16 was reached on 01/02/25, a 52-week low of $67.67 was recorded on 01/02/25. SMA at 50 days reached $97.51, while 200 days put it at $80.48.
Levels Of Support And Resistance For WH Stock
The 24-hour chart illustrates a support level at 100.17, which if violated will result in even more drops to 99.56. On the upside, there is a resistance level at 101.74. A further resistance level may holdings at 102.70. The Relative Strength Index (RSI) on the 14-day chart is 53.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.70%. Stochastics %K at 31.97% indicates the stock is a holding.
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 2024-12-13, growing by 0.76 million shares to a total of 3.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.38 million shares. There was a rise of 24.22%, which implies that there is a positive 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.
