Wolverine World Wide, Inc’s recent filing unveils 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 $0.79 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 Friday, Wolverine World Wide, Inc [NYSE:WWW] saw its stock jump 2.62% to $23.09. Over the last five days, the stock has gained 1.05%. Wolverine World Wide, Inc shares have risen nearly 4.01% since the year began. Nevertheless, the stocks have risen 167.87% over the past one year. While a 52-week high of $24.64 was reached on 01/22/25, a 52-week low of $8.05 was recorded on 01/23/25. SMA at 50 days reached $22.80, while 200 days put it at $16.04.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 22.55, which if violated will result in even more drops to 22.00. On the upside, there is a resistance level at 23.49. A further resistance level may holdings at 23.88. The Relative Strength Index (RSI) on the 14-day chart is 55.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.08%. Stochastics %K at 50.58% 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.
