Wolverine World Wide, Inc’s recently made public 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 $3.09 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 $0.48 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 fall -0.22% to $13.77. Over the last five days, the stock has gained 3.07%. Wolverine World Wide, Inc shares have fallen nearly -37.97% since the year began. Nevertheless, the stocks have risen 37.01% 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 $18.40, 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 13.43, which if violated will result in even more drops to 13.08. On the upside, there is a resistance level at 14.09. A further resistance level may holdings at 14.40. The Relative Strength Index (RSI) on the 14-day chart is 30.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.38%. Stochastics %K at 42.88% indicates the stock is a holding.
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.
