Wendy’s Co’s recently made public that its President, U.S. Pringle Abigail E. unloaded Company’s shares for reported $1.75 million on May 05 ’25. In the deal valued at $12.81 per share,136,819 shares were sold. As a result of this transaction, Pringle Abigail E. now holds 203,005 shares worth roughly $2.44 million.
Then, Abigail Pringle bought 136,819 shares, generating $1,717,078 in total proceeds.
Before that, GILBERT KENNETH W sold 3,500 shares. Wendy’s Co shares valued at $52,991 were divested by the Director at a price of $15.14 per share. As a result of the transaction, GILBERT KENNETH W now holds 27,804 shares, worth roughly $0.33 million.
JP Morgan upgraded its Wendy’s Co [WEN] rating to an Overweight from a a Neutral in a research note published recently. Morgan Stanley also remained covering WEN and has decreased its forecast on January 21, 2025 with a “an Underweight” recommendation from previously “an Equal-weight” rating. Goldman started covering the stock on June 13, 2024. It rated WEN as “a Sell”.
Price Performance Review of WEN
On Friday, Wendy’s Co [NASDAQ:WEN] saw its stock fall -0.99% to $12.00. Over the last five days, the stock has lost -4.38%. Wendy’s Co shares have fallen nearly -26.38% since the year began. Nevertheless, the stocks have fallen -38.37% over the past one year. While a 52-week high of $20.60 was reached on 01/02/25, a 52-week low of $11.70 was recorded on 05/07/25. SMA at 50 days reached $13.85, while 200 days put it at $16.25.
Levels Of Support And Resistance For WEN Stock
The 24-hour chart illustrates a support level at 11.87, which if violated will result in even more drops to 11.73. On the upside, there is a resistance level at 12.20. A further resistance level may holdings at 12.39. The Relative Strength Index (RSI) on the 14-day chart is 33.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.94%. Stochastics %K at 19.12% indicates the stock is a buying.
