Wolverine World Wide, Inc’s filing revealed that its Chief Human Resources Officer Klimek Amy M. unloaded Company’s shares for reported $0.53 million on Nov 12 ’24. In the deal valued at $22.07 per share,24,000 shares were sold. As a result of this transaction, Klimek Amy M. now holds 20,238 shares worth roughly $0.45 million.
Then, Klimek Amy M. sold 10,214 shares, generating $205,404 in total proceeds. Upon selling the shares at $20.11, the Chief Human Resources Officer now owns 19,093 shares.
Before that, Klimek Amy M. bought 24,000 shares. Wolverine World Wide, Inc shares valued at $529,650 were divested by the Officer at a price of $22.07 per share.
Stifel upgraded its Wolverine World Wide, Inc [WWW] rating to a Buy from a a Hold in a research note published on December 11, 2024; the price target was increased to $29 from $21. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Market perform”‘ rating for it. Exane BNP Paribas also remained covering WWW and has increased its forecast on October 03, 2024 with a “an Outperform” recommendation from previously “Neutral” rating.
Price Performance Review of WWW
On Monday, Wolverine World Wide, Inc [NYSE:WWW] saw its stock fall -0.27% to $22.35. Over the last five days, the stock has lost -0.58%. Wolverine World Wide, Inc shares have risen nearly 0.68% since the year began. Nevertheless, the stocks have risen 189.51% over the past one year. While a 52-week high of $24.64 was reached on 01/02/25, a 52-week low of $7.58 was recorded on 01/06/25. SMA at 50 days reached $21.34, while 200 days put it at $15.30.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 21.92, which if violated will result in even more drops to 21.50. On the upside, there is a resistance level at 22.80. A further resistance level may holdings at 23.26. The Relative Strength Index (RSI) on the 14-day chart is 49.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.59%. Stochastics %K at 30.90% indicates the stock is a holding.
How much short interest is there in Wolverine World Wide, Inc?
A steep rise in short interest was recorded in Wolverine World Wide, Inc stocks on 2024-12-13, growing by 0.62 million shares to a total of 4.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.51 million shares. There was a rise of 15.1%, which implies that there is a positive sentiment for the stock.
