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 $18.37 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.
Morgan Stanley downgraded its Yum Brands Inc [YUM] rating to an Equal-weight from a an Overweight in a research note published on January 21, 2025; the price target was decreased to $140 from $158. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Argus also remained covering YUM and has increased its forecast on December 31, 2024 with a “Buy” recommendation from previously “Hold” rating. TD Cowen revised its rating on October 16, 2024. It rated YUM as “a Hold” which previously was an “a Buy”.
Price Performance Review of YUM
On Tuesday, Yum Brands Inc [NYSE:YUM] saw its stock jump 0.30% to $125.70. Over the last five days, the stock has gained 1.59%. Yum Brands Inc shares have fallen nearly -6.31% since the year began. Nevertheless, the stocks have fallen -3.65% over the past one year. While a 52-week high of $143.20 was reached on 01/02/25, a 52-week low of $122.13 was recorded on 01/13/25. SMA at 50 days reached $133.80, while 200 days put it at $134.72.
Levels Of Support And Resistance For YUM Stock
The 24-hour chart illustrates a support level at 124.81, which if violated will result in even more drops to 123.93. On the upside, there is a resistance level at 126.35. A further resistance level may holdings at 127.01. The Relative Strength Index (RSI) on the 14-day chart is 35.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.11%. Stochastics %K at 23.46% 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 2024-12-31, dropping by -0.92 million shares to a total of 6.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.95 million shares. There was a decline of -15.3%, which implies that there is a negative sentiment for the stock.
