Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Wolverine World Wide, Inc shares valued at $295,400 were purchased by Hufnagel Christopher on Feb 27 ’25. At $14.77 per share, Hufnagel Christopher acquired 20,000 shares. The insider’s holdings grew to 224,107 shares worth approximately $3.27 million following the completion of this transaction.
Also, Miller Taryn L purchased 6,600 shares, netting a total of over 100,914 in proceeds. Following the buying of shares at $15.29 each, the insider now holds 10,772 shares.
Before that, Price DeMonty had added 35,000 shares to its account. In a trade valued at $535,500, the Director bought Wolverine World Wide, Inc shares for $15.30 each. Upon closing the transaction, the insider’s holdings increased to 35,000 shares, worth approximately $0.51 million.
As published in a research note from Stifel on December 11, 2024, Wolverine World Wide, Inc [WWW] has been rated up from a Hold to a Buy and the price target has been revised to $29 from $21. Analysts at Telsey Advisory Group resumed the stock at ‘”a Market perform”‘ outlook in a report released in early November. As of October 03, 2024, Exane BNP Paribas has increased its “Neutral” rating to a “an Outperform” for WWW.
Analyzing WWW Stock Performance
During the last five days, there has been a surge of approximately 2.46%. Over the course of the year, Wolverine World Wide, Inc shares have dropped approximately -34.23%. Shares of the company reached a 52-week high of $24.43 on 01/30/25 and a 52-week low of $13.07 on 03/13/25. A 50-day SMA is recorded $17.02, while a 200-day SMA reached $17.14.
Support And Resistance Levels for Wolverine World Wide, Inc (WWW)
According to the 24-hour chart, there is a support level at 13.93, which, if violated, would cause prices to drop to 13.26. In the upper region, resistance lies at 15.06. The next price resistance is at 15.52. RSI (Relative Strength Index) is 47.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.21, which suggests the price will decrease in the coming days. Percent R is at 14.97%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
