Wolverine World Wide, Inc’s filing revealed 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 $0.71 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 $0.4 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 -0.67% to $20.80. Over the last five days, the stock has lost -4.98%. Wolverine World Wide, Inc shares have fallen nearly -6.31% since the year began. Nevertheless, the stocks have risen 157.11% over the past one year. While a 52-week high of $24.64 was reached on 01/30/25, a 52-week low of $8.13 was recorded on 02/10/25. SMA at 50 days reached $22.78, while 200 days put it at $16.74.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 20.45, which if violated will result in even more drops to 20.10. On the upside, there is a resistance level at 21.11. A further resistance level may holdings at 21.42. The Relative Strength Index (RSI) on the 14-day chart is 35.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.30%. Stochastics %K at 7.46% indicates the stock is a buying.
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.
