Wendy’s Co’s recent filing unveils 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 $0.36 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 $0.82 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 Friday, Wendy’s Co [NASDAQ:WEN] saw its stock fall -0.39% to $12.78. Over the last five days, the stock has gained 0.79%. Wendy’s Co shares have fallen nearly -21.60% since the year began. Nevertheless, the stocks have fallen -35.97% over the past one year. While a 52-week high of $20.65 was reached on 01/02/25, a 52-week low of $12.05 was recorded on 04/09/25. SMA at 50 days reached $14.45, while 200 days put it at $16.50.
Levels Of Support And Resistance For WEN Stock
The 24-hour chart illustrates a support level at 12.66, which if violated will result in even more drops to 12.53. On the upside, there is a resistance level at 12.88. A further resistance level may holdings at 12.97. The Relative Strength Index (RSI) on the 14-day chart is 37.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.33%. Stochastics %K at 38.83% indicates the stock is a holding.
How much short interest is there in Wendy’s Co?
A steep rise in short interest was recorded in Wendy’s Co stocks on 2025-04-15, growing by 3.21 million shares to a total of 16.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 13.59 million shares. There was a rise of 19.11%, which implies that there is a positive sentiment for the stock.
