In a filing, Warner Music Group Corp revealed its Director Blavatnik Valentin unloaded Company’s shares for reported $1.0 million on Feb 20 ’25. In the deal valued at $35.45 per share,28,230 shares were sold. As a result of this transaction, Blavatnik Valentin now holds 68,264 shares worth roughly $2.14 million.
Then, Matusch Timothy sold 1,103 shares, generating $40,248 in total proceeds. Upon selling the shares at $36.49, the EVP Strategy & Operations now owns 88,649 shares.
Before that, Osherova Maria sold 6,553 shares. Warner Music Group Corp shares valued at $222,147 were divested by the EVP, Chief Human Res. Officer at a price of $33.90 per share. As a result of the transaction, Osherova Maria now holds 44,699 shares, worth roughly $1.4 million.
FBN Securities initiated its Warner Music Group Corp [WMG] rating to a Sector perform in a research note published on March 28, 2025; the price target was $35. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Guggenheim also remained covering WMG and reiterated its “Buy” recommendation on January 08, 2025. BofA Securities revised its rating on October 04, 2024. It rated WMG as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of WMG
On Tuesday, Warner Music Group Corp [NASDAQ:WMG] saw its stock fall -0.10% to $31.32. Over the last five days, the stock has lost -3.60%. Warner Music Group Corp shares have risen nearly 1.03% since the year began. Nevertheless, the stocks have fallen -5.15% over the past one year. While a 52-week high of $36.64 was reached on 02/14/25, a 52-week low of $27.06 was recorded on 01/10/25. SMA at 50 days reached $32.96, while 200 days put it at $31.30.
Levels Of Support And Resistance For WMG Stock
The 24-hour chart illustrates a support level at 31.08, which if violated will result in even more drops to 30.85. On the upside, there is a resistance level at 31.55. A further resistance level may holdings at 31.79. The Relative Strength Index (RSI) on the 14-day chart is 35.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.68%. Stochastics %K at 12.19% indicates the stock is a buying.
How much short interest is there in Warner Music Group Corp?
A steep rise in short interest was recorded in Warner Music Group Corp stocks on 2025-03-14, dropping by -1.58 million shares to a total of 7.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.47 million shares. There was a decline of -20.0%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 12, 2024 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $37 price target.
