Wingstop Inc’s recent filing unveils that its SVP, Pres. of International Kapoor Raj unloaded Company’s shares for reported $86284.0 on Dec 12 ’24. In the deal valued at $324.38 per share,266 shares were sold. As a result of this transaction, Kapoor Raj now holds 266 shares worth roughly $74434.78.
Then, Kapoor Raj bought 266 shares, generating $86,284 in total proceeds.
Before that, Upshaw Donnie sold 3,199 shares. Wingstop Inc shares valued at $1,192,302 were divested by the SVP Corp Restaurants & CPO at a price of $372.71 per share. As a result of the transaction, Upshaw Donnie now holds 97 shares, worth roughly $27143.51.
Morgan Stanley upgraded its Wingstop Inc [WING] rating to an Overweight from a an Equal-weight in a research note published on January 21, 2025; the price target was increased to $389 from $385. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “a Buy”. Northcoast also remained covering WING and has increased its forecast on November 01, 2024 with a “Buy” recommendation from previously “Neutral” rating. The Benchmark Company revised its rating on October 31, 2024. It rated WING as “a Buy” which previously was an “a Hold”.
Price Performance Review of WING
On Friday, Wingstop Inc [NASDAQ:WING] saw its stock fall -3.02% to $279.83. Over the last five days, the stock has gained 1.83%. Wingstop Inc shares have fallen nearly -1.54% since the year began. Nevertheless, the stocks have fallen -1.19% over the past one year. While a 52-week high of $433.86 was reached on 01/06/25, a 52-week low of $266.45 was recorded on 01/13/25. SMA at 50 days reached $307.21, while 200 days put it at $364.45.
Levels Of Support And Resistance For WING Stock
The 24-hour chart illustrates a support level at 276.40, which if violated will result in even more drops to 272.96. On the upside, there is a resistance level at 286.44. A further resistance level may holdings at 293.04. The Relative Strength Index (RSI) on the 14-day chart is 41.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.54, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 59.68%. Stochastics %K at 52.82% indicates the stock is a holding.
How much short interest is there in Wingstop Inc?
A steep rise in short interest was recorded in Wingstop Inc stocks on 2024-12-31, growing by 0.41 million shares to a total of 1.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.33 million shares. There was a rise of 23.52%, which implies that there is a positive sentiment for the stock.
