Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Warner Music Group Corp shares valued at $31,430 were sold by Matusch Timothy on Apr 02 ’25. At $31.43 per share, Matusch Timothy sold 1,000 shares. The insider’s holdings dropped to 87,649 shares worth approximately $2.67 million following the completion of this transaction.
Also, Matusch Timothy purchased 1,000 shares, netting a total of over 31,430 in proceeds.
Before that, Blavatnik Valentin had sold 28,230 shares from its account. In a trade valued at $1,000,754, the Director traded Warner Music Group Corp shares for $35.45 each. Upon closing the transaction, the insider’s holdings decreased to 28,230 shares, worth approximately $2.08 million.
As published in a research note from Morgan Stanley on April 21, 2025, Warner Music Group Corp [WMG] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $32. Analysts at FBN Securities started covering the stock with ‘”a Sector perform”‘ outlook in a report released in late March. As of February 14, 2025, Citigroup has increased its “Neutral” rating to a “Buy” for WMG. Earlier on January 08, 2025, Guggenheim resumed its rating. Their recommendation was “a Buy” for WMG stock.
Analyzing WMG Stock Performance
During the last five days, there has been a surge of approximately 6.43%. Over the course of the year, Warner Music Group Corp shares have dropped approximately -1.77%. Shares of the company reached a 52-week high of $36.64 on 02/14/25 and a 52-week low of $27.41 on 04/09/25. A 50-day SMA is recorded $31.73, while a 200-day SMA reached $31.18.
Support And Resistance Levels for Warner Music Group Corp (WMG)
According to the 24-hour chart, there is a support level at 29.91, which, if violated, would cause prices to drop to 29.37. In the upper region, resistance lies at 30.76. The next price resistance is at 31.07. RSI (Relative Strength Index) is 52.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.04, which suggests the price will increase in the coming days. Percent R is at 9.98%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
