Wolverine World Wide, Inc’s filing revealed that 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 $2.85 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 $0.45 million.
Robert W. Baird upgraded its Wolverine World Wide, Inc [WWW] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Telsey Advisory Group also remained covering WWW and reiterated its “Market perform” recommendation on November 08, 2024. Exane BNP Paribas revised its rating on October 03, 2024. It rated WWW as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of WWW
On Friday, Wolverine World Wide, Inc [NYSE:WWW] saw its stock fall -1.24% to $12.72. Over the last five days, the stock has gained 17.89%. Wolverine World Wide, Inc shares have fallen nearly -42.70% since the year began. Nevertheless, the stocks have risen 22.07% over the past one year. While a 52-week high of $24.64 was reached on 01/30/25, a 52-week low of $9.58 was recorded on 04/09/25. SMA at 50 days reached $13.64, while 200 days put it at $17.00.
Levels Of Support And Resistance For WWW Stock
The 24-hour chart illustrates a support level at 12.56, which if violated will result in even more drops to 12.41. On the upside, there is a resistance level at 12.89. A further resistance level may holdings at 13.06. The Relative Strength Index (RSI) on the 14-day chart is 50.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.29%. Stochastics %K at 82.51% indicates the stock is a selling.
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 2025-04-15, dropping by -0.57 million shares to a total of 8.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 8.61 million shares. There was a decline of -7.14%, which implies that there is a negative sentiment for the stock.
