Wolverine World Wide, Inc’s recently made public that its President, International Group Soriano Isabel unloaded Company’s shares for reported $0.18 million on Nov 25 ’24. In the deal valued at $23.57 per share,7,687 shares were sold. As a result of this transaction, Soriano Isabel now holds 34,206 shares worth roughly $0.78 million.
Then, Klimek Amy M. sold 24,000 shares, generating $529,680 in total proceeds. Upon selling the shares at $22.07, the Chief Human Resources Officer now owns 20,238 shares.
Before that, Klimek Amy M. sold 10,214 shares. Wolverine World Wide, Inc shares valued at $205,404 were divested by the Chief Human Resources Officer at a price of $20.11 per share. As a result of the transaction, Klimek Amy M. now holds 19,093 shares, worth roughly $0.44 million.
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 Tuesday, Wolverine World Wide, Inc [NYSE:WWW] saw its stock jump 0.44% to $22.89. Over the last five days, the stock has gained 0.97%. Wolverine World Wide, Inc shares have risen nearly 3.11% since the year began. Nevertheless, the stocks have risen 179.83% over the past one year. While a 52-week high of $24.64 was reached on 01/15/25, a 52-week low of $7.88 was recorded on 01/13/25. SMA at 50 days reached $22.64, while 200 days put it at $15.85.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 22.08, which if violated will result in even more drops to 21.28. On the upside, there is a resistance level at 23.48. A further resistance level may holdings at 24.08. The Relative Strength Index (RSI) on the 14-day chart is 53.60, 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 35.91%. Stochastics %K at 60.41% 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 2024-12-31, growing by 0.4 million shares to a total of 4.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.0 million shares. There was a rise of 9.11%, which implies that there is a positive sentiment for the stock.
