In a filing, Warner Music Group Corp revealed its EVP Strategy & Operations Matusch Timothy unloaded Company’s shares for reported $31430.0 on Apr 02 ’25. In the deal valued at $31.43 per share,1,000 shares were sold. As a result of this transaction, Matusch Timothy now holds 87,649 shares worth roughly $2.41 million.
Then, Matusch Timothy bought 1,000 shares, generating $31,430 in total proceeds.
Before that, Blavatnik Valentin sold 28,230 shares. Warner Music Group Corp shares valued at $1,000,754 were divested by the Director at a price of $35.45 per share. As a result of the transaction, Blavatnik Valentin now holds 68,264 shares, worth roughly $1.88 million.
Goldman downgraded its Warner Music Group Corp [WMG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late April from “an Overweight” to “an Equal-weight”. FBN Securities began covering WMG with “Sector perform” recommendation on March 28, 2025. Citigroup revised its rating on February 14, 2025. It rated WMG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of WMG
On Tuesday, Warner Music Group Corp [NASDAQ:WMG] saw its stock unchanged to $27.48. Over the last five days, the stock has lost -10.20%. Warner Music Group Corp shares have fallen nearly -11.35% since the year began. Nevertheless, the stocks have fallen -15.63% over the past one year. While a 52-week high of $36.64 was reached on 02/14/25, a 52-week low of $26.34 was recorded on 05/08/25. SMA at 50 days reached $30.72, while 200 days put it at $31.07.
Levels Of Support And Resistance For WMG Stock
The 24-hour chart illustrates a support level at 27.30, which if violated will result in even more drops to 27.12. On the upside, there is a resistance level at 27.76. A further resistance level may holdings at 28.04. The Relative Strength Index (RSI) on the 14-day chart is 34.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.05%. Stochastics %K at 24.07% indicates the stock is a holding.
The most recent change occurred on January 08, 2025 when Guggenheim resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $40.
