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 $63536.76.
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 $23169.420000000002.
Guggenheim upgraded its Wingstop Inc [WING] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Neutral”. Morgan Stanley also remained covering WING and has increased its forecast on January 21, 2025 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Goldman revised its rating on November 08, 2024. It rated WING as “a Buy” which previously was an “a Neutral”.
Price Performance Review of WING
On Tuesday, Wingstop Inc [NASDAQ:WING] saw its stock jump 0.99% to $238.86. Over the last five days, the stock has lost -21.95%. Wingstop Inc shares have fallen nearly -15.95% since the year began. Nevertheless, the stocks have fallen -28.50% over the past one year. While a 52-week high of $433.86 was reached on 02/10/25, a 52-week low of $232.19 was recorded on 02/25/25. SMA at 50 days reached $288.85, while 200 days put it at $355.90.
Levels Of Support And Resistance For WING Stock
The 24-hour chart illustrates a support level at 232.76, which if violated will result in even more drops to 226.67. On the upside, there is a resistance level at 243.47. A further resistance level may holdings at 248.09. The Relative Strength Index (RSI) on the 14-day chart is 28.30, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -47.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.05%. Stochastics %K at 5.43% indicates the stock is a buying.
