Wendy’s Co’s recent filing unveils 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 $0.4 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 $0.93 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 -3.45% to $14.55. Over the last five days, the stock has lost -5.95%. Wendy’s Co shares have fallen nearly -10.74% since the year began. Nevertheless, the stocks have fallen -23.66% 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 $15.00, while 200 days put it at $16.84.
Levels Of Support And Resistance For WEN Stock
The 24-hour chart illustrates a support level at 14.34, which if violated will result in even more drops to 14.12. On the upside, there is a resistance level at 14.94. A further resistance level may holdings at 15.32. The Relative Strength Index (RSI) on the 14-day chart is 37.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.88%. Stochastics %K at 29.48% indicates the stock is a holding.
How much short interest is there in Wendy’s Co?
A steep rise in short interest was recorded in Wendy’s Co stocks on 2025-02-28, growing by 7.4 million shares to a total of 16.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.49 million shares. There was a rise of 43.82%, which implies that there is a positive sentiment for the stock.
