In a filing, YETI Holdings Inc revealed its CFO McMullen Michael John unloaded Company’s shares for reported $33615.0 on Dec 11 ’24. In the deal valued at $45.00 per share,747 shares were sold. As a result of this transaction, McMullen Michael John now holds 45,877 shares worth roughly $1.26 million.
Then, McMullen Michael John bought 747 shares, generating $33,615 in total proceeds.
Before that, McMullen Michael John sold 748 shares. YETI Holdings Inc shares valued at $29,920 were divested by the CFO at a price of $40.00 per share. As a result of the transaction, McMullen Michael John now holds 46,624 shares, worth roughly $1.28 million.
KeyBanc Capital Markets upgraded its YETI Holdings Inc [YETI] rating to a Sector weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Neutral”. BofA Securities also remained covering YETI and has increased its forecast on August 08, 2024 with a “Buy” recommendation from previously “Neutral” rating. Canaccord Genuity revised its rating on January 04, 2024. It rated YETI as “a Hold” which previously was an “a Buy”.
Price Performance Review of YETI
On Monday, YETI Holdings Inc [NYSE:YETI] saw its stock fall -1.33% to $27.49. Over the last five days, the stock has lost -5.60%. YETI Holdings Inc shares have fallen nearly -28.62% since the year began. Nevertheless, the stocks have fallen -25.76% over the past one year. While a 52-week high of $45.25 was reached on 02/13/25, a 52-week low of $26.61 was recorded on 04/16/25. SMA at 50 days reached $33.68, while 200 days put it at $37.82.
Levels Of Support And Resistance For YETI Stock
The 24-hour chart illustrates a support level at 26.86, which if violated will result in even more drops to 26.24. On the upside, there is a resistance level at 27.95. A further resistance level may holdings at 28.42. The Relative Strength Index (RSI) on the 14-day chart is 36.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.26%. Stochastics %K at 13.76% indicates the stock is a buying.
How much short interest is there in YETI Holdings Inc?
A steep rise in short interest was recorded in YETI Holdings Inc stocks on 2025-03-31, dropping by -1.92 million shares to a total of 11.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 13.58 million shares. There was a decline of -16.44%, which implies that there is a negative sentiment for the stock.
