Wolverine World Wide, Inc’s filing revealed 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 $2.99 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 $0.47 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 Friday, Wolverine World Wide, Inc [NYSE:WWW] saw its stock jump 0.60% to $13.36. Over the last five days, the stock has lost -5.32%. Wolverine World Wide, Inc shares have fallen nearly -39.82% since the year began. Nevertheless, the stocks have risen 35.36% 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 03/13/25. SMA at 50 days reached $19.27, while 200 days put it at $17.10.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 13.11, which if violated will result in even more drops to 12.86. On the upside, there is a resistance level at 13.68. A further resistance level may holdings at 14.00. The Relative Strength Index (RSI) on the 14-day chart is 19.40, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.03%. Stochastics %K at 5.56% 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 2025-02-28, growing by 2.3 million shares to a total of 8.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.75 million shares. There was a rise of 28.55%, which implies that there is a positive sentiment for the stock.
