In a filing, Wolverine World Wide, Inc revealed 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 $0.75 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 $0.42 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 Monday, Wolverine World Wide, Inc [NYSE:WWW] saw its stock fall -1.97% to $21.89. Over the last five days, the stock has lost -5.73%. Wolverine World Wide, Inc shares have fallen nearly -1.40% since the year began. Nevertheless, the stocks have risen 161.84% over the past one year. While a 52-week high of $24.64 was reached on 01/30/25, a 52-week low of $8.05 was recorded on 02/03/25. SMA at 50 days reached $22.93, while 200 days put it at $16.45.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 21.32, which if violated will result in even more drops to 20.76. On the upside, there is a resistance level at 22.34. A further resistance level may holdings at 22.79. The Relative Strength Index (RSI) on the 14-day chart is 42.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.88%. Stochastics %K at 44.09% 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 2025-01-15, growing by 1.04 million shares to a total of 5.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.14 million shares. There was a rise of 20.11%, which implies that there is a positive sentiment for the stock.
