Wolverine World Wide, Inc (WWW) receives a Buy rating from Argus

Wolverine World Wide, Inc’s recent filing unveils that its Former Director KOLLAT DAVID T acquired Company’s shares for reported $3.21 million on May 19 ’25. In the deal valued at $16.96 per share,189,082 shares were bought.

Then, Bricker Jodi bought 9,515 shares, generating $155,495 in total proceeds.

Before that, LAUDERBACK BRENDA J sold 6,500 shares. Wolverine World Wide, Inc shares valued at $108,355 were divested by the Director at a price of $16.67 per share. As a result of the transaction, LAUDERBACK BRENDA J now holds 48,675 shares, worth roughly $0.84 million.

Argus upgraded its Wolverine World Wide, Inc [WWW] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in late April from “a Neutral” to “an Outperform”. Stifel also remained covering WWW and has increased its forecast on December 11, 2024 with a “Buy” recommendation from previously “Hold” rating. Telsey Advisory Group maintained its rating on November 08, 2024. It rated WWW as “a Market perform”.

Price Performance Review of WWW

On Friday, Wolverine World Wide, Inc [NYSE:WWW] saw its stock fall -6.39% to $17.28. Over the last five days, the stock has lost -2.65%. Wolverine World Wide, Inc shares have fallen nearly -22.16% since the year began. Nevertheless, the stocks have risen 32.11% 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.

Levels Of Support And Resistance For WWW Stock

The 24-hour chart illustrates a support level at 16.76, which if violated will result in even more drops to 16.23. On the upside, there is a resistance level at 18.07. A further resistance level may holdings at 18.85.

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 2025-05-30, growing by 0.66 million shares to a total of 8.47 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 7.81 million shares. There was a rise of 7.78%, which implies that there is a positive sentiment for the stock.

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