Wolverine World Wide, Inc’s recent filing unveils that its President and CEO Hufnagel Christopher acquired Company’s shares for reported $0.3 million on Feb 27 ’25. In the deal valued at $14.77 per share,20,000 shares were bought. As a result of this transaction, Hufnagel Christopher now holds 224,107 shares worth roughly $3.21 million.
Then, Miller Taryn L bought 6,600 shares, generating $100,914 in total proceeds. Upon buying the shares at $15.29, the Chief Financial Officer now owns 10,772 shares.
Before that, Price DeMonty bought 35,000 shares. Wolverine World Wide, Inc shares valued at $535,500 were divested by the Director at a price of $15.30 per share. As a result of the transaction, Price DeMonty now holds 35,000 shares, worth roughly $0.5 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 -3.04% to $14.34. Over the last five days, the stock has lost -6.09%. Wolverine World Wide, Inc shares have fallen nearly -35.41% since the year began. Nevertheless, the stocks have risen 45.73% over the past one year. While a 52-week high of $24.64 was reached on 01/30/25, a 52-week low of $9.06 was recorded on 03/03/25. SMA at 50 days reached $20.86, while 200 days put it at $17.08.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 14.01, which if violated will result in even more drops to 13.68. On the upside, there is a resistance level at 14.83. A further resistance level may holdings at 15.32. The Relative Strength Index (RSI) on the 14-day chart is 20.96, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.49%. Stochastics %K at 4.12% indicates the stock is a buying.
