Wolfspeed Inc’s recent filing unveils that its Executive Vice President & CFO Reynolds Neill unloaded Company’s shares for reported $55497.0 on Apr 28 ’25. In the deal valued at $3.99 per share,13,909 shares were sold. As a result of this transaction, Reynolds Neill now holds 195,257 shares worth roughly $0.64 million.
Then, NEILL P REYNOLDS bought 13,909 shares, generating $55,497 in total proceeds.
Before that, Dorchak Glenda bought 3,592 shares. Wolfspeed Inc shares valued at $29,921 were divested by the Director at a price of $8.33 per share. As a result of the transaction, Dorchak Glenda now holds 18,688 shares, worth roughly $61296.64.
JP Morgan downgraded its Wolfspeed Inc [WOLF] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in early October from “a Neutral” to “an Underperform”. TD Cowen also remained covering WOLF and reiterated its “Hold” recommendation on August 22, 2024. Goldman maintained its rating on August 22, 2024. It rated WOLF as “a Buy”.
Price Performance Review of WOLF
On Friday, Wolfspeed Inc [NYSE:WOLF] saw its stock fall -25.96% to $3.28. Over the last five days, the stock has lost -26.46%. Wolfspeed Inc shares have fallen nearly -50.75% since the year began. Nevertheless, the stocks have fallen -86.47% over the past one year. While a 52-week high of $30.86 was reached on 01/06/25, a 52-week low of $2.06 was recorded on 04/11/25. SMA at 50 days reached $4.06, while 200 days put it at $8.28.
Levels Of Support And Resistance For WOLF Stock
The 24-hour chart illustrates a support level at 3.11, which if violated will result in even more drops to 2.93. On the upside, there is a resistance level at 3.48. A further resistance level may holdings at 3.67. The Relative Strength Index (RSI) on the 14-day chart is 46.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.35%. Stochastics %K at 65.35% indicates the stock is a holding.
