Wendy’s Co’s filing revealed that its Director GILBERT KENNETH W unloaded Company’s shares for reported $52991.0 on Mar 04 ’25. In the deal valued at $15.14 per share,3,500 shares were sold. As a result of this transaction, GILBERT KENNETH W now holds 27,804 shares worth roughly $0.43 million.
Then, KENNETH W GILBERT bought 3,500 shares, generating $52,991 in total proceeds.
Before that, Mathews-Spradlin Mich J sold 24,462 shares. Wendy’s Co shares valued at $496,089 were divested by the Director at a price of $20.28 per share. As a result of the transaction, Mathews-Spradlin Mich J now holds 63,789 shares, worth roughly $0.99 million.
A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late January from “an Equal-weight” to “an Underweight”. Goldman began covering WEN with “Sell” recommendation on June 13, 2024.
Price Performance Review of WEN
On Tuesday, Wendy’s Co [NASDAQ:WEN] saw its stock fall -0.71% to $15.47. Over the last five days, the stock has gained 3.69%. Wendy’s Co shares have fallen nearly -5.09% since the year began. Nevertheless, the stocks have fallen -15.74% over the past one year. While a 52-week high of $20.65 was reached on 01/02/25, a 52-week low of $13.72 was recorded on 02/13/25. SMA at 50 days reached $15.14, while 200 days put it at $16.95.
Levels Of Support And Resistance For WEN Stock
The 24-hour chart illustrates a support level at 15.21, which if violated will result in even more drops to 14.94. On the upside, there is a resistance level at 15.69. A further resistance level may holdings at 15.90. The Relative Strength Index (RSI) on the 14-day chart is 54.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.67%. Stochastics %K at 57.66% indicates the stock is a holding.
