The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Wyndham Hotels & Resorts Inc shares valued at $2,596,977 were sold by Ballotti Geoffrey A on Dec 16 ’24. At $103.66 per share, Ballotti Geoffrey A sold 25,053 shares. The insider’s holdings dropped to 385,214 shares worth approximately $39.62 million following the completion of this transaction.
Also, Ballotti Geoffrey A sold 25,017 shares, netting a total of over 2,588,097 in proceeds. Following the sale of shares at $103.45 each, the insider now holds 392,939 shares.
Before that, ALLEN MICHELE had sold 16,371 shares from its account. In a trade valued at $1,695,742, the CFO & Head of Strategy traded Wyndham Hotels & Resorts Inc shares for $103.58 each. Upon closing the transaction, the insider’s holdings decreased to 16,371 shares, worth approximately $1.03 million.
As published in a research note from Wells Fargo on January 10, 2025, Wyndham Hotels & Resorts Inc [WH] has been rated up from an Equal weight to an Overweight and the price target has been revised to $114. Analysts at Wells Fargo started covering the stock with ‘”an Equal weight”‘ outlook in a report released in early December. As of September 18, 2024, Goldman has initiated its “Buy” rating for WH. Earlier on June 21, 2024, Susquehanna initiated its rating. Their recommendation was “a Neutral” for WH stock.
Analyzing WH Stock Performance
During the last five days, there has been a surge of approximately 3.90%. Over the course of the year, Wyndham Hotels & Resorts Inc shares have jumped approximately 2.05%. Shares of the company reached a 52-week high of $103.71 on 01/15/25 and a 52-week low of $98.50 on 01/10/25. A 50-day SMA is recorded $99.15, while a 200-day SMA reached $81.35. Nevertheless, trading volume fell to 0.74 million shares from 0.62 million shares the previous day.
Support And Resistance Levels for Wyndham Hotels & Resorts Inc (WH)
According to the 24-hour chart, there is a support level at 101.84, which, if violated, would cause prices to drop to 100.82. In the upper region, resistance lies at 103.72. The next price resistance is at 104.58. RSI (Relative Strength Index) is 61.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.90, which suggests the price will decrease in the coming days. Percent R is at 16.31%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
