In a filing, Warner Music Group Corp revealed its EVP Strategy & Operations Matusch Timothy unloaded Company’s shares for reported $31430.0 on Apr 02 ’25. In the deal valued at $31.43 per share,1,000 shares were sold. As a result of this transaction, Matusch Timothy now holds 87,649 shares worth roughly $2.61 million.
Then, Matusch Timothy bought 1,000 shares, generating $31,430 in total proceeds.
Before that, Blavatnik Valentin sold 28,230 shares. Warner Music Group Corp shares valued at $1,000,754 were divested by the Director at a price of $35.45 per share. As a result of the transaction, Blavatnik Valentin now holds 68,264 shares, worth roughly $2.04 million.
Morgan Stanley downgraded its Warner Music Group Corp [WMG] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including FBN Securities’s analysts, who began to cover the stock in late March with a ‘”a Sector perform”‘ rating. Citigroup also remained covering WMG and has increased its forecast on February 14, 2025 with a “Buy” recommendation from previously “Neutral” rating. Guggenheim maintained its rating on January 08, 2025. It rated WMG as “a Buy”.
Price Performance Review of WMG
On Friday, Warner Music Group Corp [NASDAQ:WMG] saw its stock jump 2.09% to $29.83. Over the last five days, the stock has gained 2.44%. Warner Music Group Corp shares have fallen nearly -3.77% since the year began. Nevertheless, the stocks have fallen -7.19% 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 04/09/25. SMA at 50 days reached $32.06, while 200 days put it at $31.18.
Levels Of Support And Resistance For WMG Stock
The 24-hour chart illustrates a support level at 29.36, which if violated will result in even more drops to 28.90. On the upside, there is a resistance level at 30.20. A further resistance level may holdings at 30.57. The Relative Strength Index (RSI) on the 14-day chart is 48.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.20%. Stochastics %K at 60.06% indicates the stock is a holding.
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 2025-04-15, dropping by -3.23 million shares to a total of 4.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 7.89 million shares. There was a decline of -69.48%, which implies that there is a negative sentiment for the stock.
