In a filing, Wolverine World Wide, Inc revealed 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 $2.64 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 $0.41 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 5.94% to $11.78. Over the last five days, the stock has lost -14.33%. Wolverine World Wide, Inc shares have fallen nearly -46.94% since the year began. Nevertheless, the stocks have risen 15.49% 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 04/04/25. SMA at 50 days reached $16.58, while 200 days put it at $17.13.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 10.83, which if violated will result in even more drops to 9.87. On the upside, there is a resistance level at 12.35. A further resistance level may holdings at 12.91. The Relative Strength Index (RSI) on the 14-day chart is 31.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.62%. Stochastics %K at 38.56% 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 2025-03-14, growing by 2.58 million shares to a total of 8.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.03 million shares. There was a rise of 29.97%, which implies that there is a positive sentiment for the stock.
