Wendy’s Co’s filing revealed 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 $0.35 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 $0.79 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 -5.77% to $12.42. Over the last five days, the stock has lost -15.62%. Wendy’s Co shares have fallen nearly -23.80% since the year began. Nevertheless, the stocks have fallen -32.65% over the past one year. While a 52-week high of $20.65 was reached on 01/02/25, a 52-week low of $12.60 was recorded on 04/08/25. SMA at 50 days reached $14.90, while 200 days put it at $16.72.
Levels Of Support And Resistance For WEN Stock
The 24-hour chart illustrates a support level at 12.00, which if violated will result in even more drops to 11.57. On the upside, there is a resistance level at 13.20. A further resistance level may holdings at 13.97. The Relative Strength Index (RSI) on the 14-day chart is 20.82, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.77%. Stochastics %K at 8.58% indicates the stock is a buying.
How much short interest is there in Wendy’s Co?
A steep rise in short interest was recorded in Wendy’s Co stocks on 2025-03-14, dropping by -0.96 million shares to a total of 13.59 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 14.55 million shares. There was a decline of -7.06%, which implies that there is a negative sentiment for the stock.
